I’ve noticed a lot of discussions here about buying foreclosure properties, and I think it’s worth clarifying something I’ve learned through experience: foreclosure rescue is not the same as investing in foreclosures.When most people think “foreclosure,” they picture buying a distressed property at a discount — and that’s definitely one strategy.

But as said it has to convert gross too net at 60% or better, proving a healthy operation that just needs more fule on the fire not revamp or rescue of operations. or worse yet, a non viable or descending market. 

There will be no path to rescue these properties, and they will all be foreclosed on by their lenders.For those tracking developments in the legal arena, I recommend following the KHCA lawsuit out of New York.

She presented a  ‘rescue fund’ that I wasn’t informed about until it was too late.

One of the main motivators for folks to stay in their home IE foreclosure rescue lease back is to keep kiddos in their school. 

If you promise them a "rescue" and you don't get it done before the foreclosure sale they can sue you and the local authorities can investigate you.7.

.: Quote from @Jay Hinrichs: this is more of a foreclosure rescue scam than a sub to issue ..

We should question the effectiveness of the Fed’s posture to always try to come to the rescue of the economy and if that is really a good way to run an economy.

And dont know about Ken.. but his partner for sure was very versed in sub to.. the information was accurate as we both kind of played in the northwest sandbox . and before sub to foreclosure rescues / rent backs became illegal in about 08 I personally did a few hundred of them. 

Bought my first court  house step property in 1979.. and a few hundred later along with 200 plus foreclosure rescues .. the human condition varies drastically..