Let me first just say hi everyone I'm new here, and I am currently reading dean's "Be A Real Estate Millionaire" book (to get started in the real estate business). And I have a few questions reguarding to what I just read in the book.
Ok here they are:
When you buy a house in Preforeclosure do you own it free and clear like regular foreclosures? or do you have to take over the current mortgage from the previous owner? And how does that whole process work?
And what will be the best strategy to use when buying a property in Preforeclosure?
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