Swati Malhotra

Foreclosure = court order to sell When a borrower defaults on a mortgage, the mortgage lender seizes the property. This is known as a foreclosure. For the lender to be able to recoup as much of the outstanding loan amount as possible, virtually all mortgage loan arrangements give the lender the legal right to seize the property if the borrower defaults.

I bought a condo house for 300K (fair location and fair condition) . Put some sweat equity Into it . I placed the tenant . I cashed out refinanced and tenant paid the mortgage (rent=>mortgage). I got cash flow and I took the initial investment out of the property. I love this method (its called BRRRR) 🙏🏻🙌🏻 try this or learn from so many examples like mine and other clients . Please send a direct message for exclusive properties. 778-321-0713