article thumbnail

A Comprehensive Guide to Finding the Best Foreclosures in Your Area

Realty Biz

Auctions: Properties not sold in the pre-foreclosure stage go to auction. REOs: If a property does not sell at auction, it becomes a real estate-owned property, owned by the bank or lender. Alternatively, you may need to consider hard money loans or cash. This desire can create negotiation opportunities.

article thumbnail

How to Start Investing in Real Estate with $1,000

Realty Biz

You’ll still probably need a little help beyond that $1,000 in your bank account, but your mortgage lender will allow gifts from family members or friends to help you. At this stage in my life I prefer hands-off real estate investing strategies. Her latest tactic: hosting a foreign exchange student.

article thumbnail

How to Start Investing in Real Estate with $1,000

Realty Biz

You’ll still probably need a little help beyond that $1,000 in your bank account, but your mortgage lender will allow gifts from family members or friends to help you. At this stage in my life I prefer hands-off real estate investing strategies. Her latest tactic: hosting a foreign exchange student.