Purchase price: $250,000 Cash invested: $15,000 Padsplit househack - live for free plus cashflow What made you interested in investing in this type of deal?

HELOAN is less flexible as it operates like cash out (one time lump sum payment) where a HELOC can be used and paid off multiple times similar to a credit card.Always start with the goal and the end in mind, so if selling or you have other cashflows coming in soon to payoff, do a HELOC, if not I would look for a fixed 2nd position HELOAN.Just my 10 cents, and hope this helps!

From dynamic pricing and review management to full guest communication and reliable vendor coordination, we handle the grind so you don’t have to.We’ve helped owners go from one listing to a fully booked portfolio—all without giving up control or peace of mind.

totally state and market specific.. only take advice from those that are experts in the market you want to give this a try.. keep in mind though there is a huge good ole boy network in any major city that will be light years ahead of you.. they will have tons of cash they will know values they are very tough nut to crack or break into.for me the easiest market I have seen to enter foreclosures is OHIO..

Done quite a few deals that were pre-foreclosures and bank auctions, so very familiar with those two arenas, happy to share what I've learned HOWEVER I have no familiarity with how those might work in your state(s)!

Welcome @Derek Peterson these are some powerful forums and it sounds as it you'll have lots of value to add to the users here, looking forward to following your journey and learning more.

So my sister has a house with very little left to payoff, like around $60k, and I would like to know of some ways to acquire this property from here if I pay down the note with my own money.

Upon doing so I quickly realized that they are not really doing much to push this property, communication is a fraction of what I got from CBRE, in fact after signing the listing agreement with them, i hadn't heard anything for 4 months until i reached out. 

I'm specifically looking for:The exact process (step-by-step what you do)How often you do itWhat tools you currently use (if any)What makes it painful/time-consumingHow much you'd pay to solve itExample: 'I spend 3 hours every Sunday manually updating my deal pipeline spreadsheet by copying data from 5 different websites, cross-referencing comps, and calculating ROI scenarios.

Anyone out there have any experience with this sort of strategy or know a few good resources I could use?