All Forum Posts by: Scott Slocum

I've found a quadplex in pre-forclosure. There is just over $80,000 left on the loan and the current owner is behind just under $10,000. I am completely new to this, haven't done any types of deals. What are my options? One unit is 3bd 2bth and the others are 2bd 2bth. Let me add it is located in California. I've looked at similar properties in the area and there all over $400k.

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Originally posted by @Dmitriy Fomichenko:

@Scott Slocum

Welcome to the BP family! Good to have you here!

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Wishing you the best!

Thank you. I too am in southern California. Are you the guy to ask questions about using my 401k to help with my down for my first deal? Or is that covered in on of the forums already? Again thanks for the welcome.

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Originally posted by @Account Closed:
@Scott Slocum welcome! This community is great! I am new as well but I am learning fast by spending time reading the forums and the blogs. I suggest you do the same. Also when you are driving you can listen to the podcasts they will definitely motivate you tremendously.

Good luck!

Thank you for the welcomes. I'm trying to soak up ss much ad I can. I'm listening to the podcast about six hours a day trying to catch up.

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hello, everyone I'm new to the site and excited to learn about rental property investing. My name is Scott, I'm a Plumber by trade. Interested in building a passive income through rentals preferably multi family.

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All Forum Posts by: Scott Slocum

Scott Slocum has started 6 posts and replied 24 times.

Post: How does buying a pre-forclosed property work?

Post: Hello everyone I'm to the site.

Post: Hello everyone I'm to the site.

Post: Hello everyone I'm to the site.