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Foreclosure Forum |
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In general,..In Reply to: How much cash at hand even to start dreaming of pre-foreclosures posted by qwikm on August 05, 2003 at 4:49 PM
: Can anyone provide a ball-park on how much cash do I need to even start dreaming of pre-foreclosures. -=-=-=-=-=-=-=-=-=-= I'd say you need about $20K—$25K. That would give you $5K to advance to the seller (balance in a secured, promissory note) and $8K to reinstate the senior lienor and $10K to rehab the property. Follow Ups:
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