BiggerPockets Money Podcast cover image

441: Foreclosures Are Rising Across the Nation, But Who Should Buy Them?

BiggerPockets Money Podcast

00:00

The Differences Between Hard Money Lenders and Investors

The process to foreclose on an investment property with a non you know fanny may ensure mortgage or note against it is much different. There's less options for investors right with a homeowner you can contact the last mitigation department or you can and you can work at a payment plan especially the coming off of covid. The banks are still being very loose with the money they don't want issues and they want to work people through i think that was something that they realized from 2008 if they would have worked with people more the banks would have lost a lot less money.

Play episode from 25:14
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app