This 2 Family house was purchased by negotiating with a major US bank where the mortgage and arrears totalled over $320,000 and was negotiated to $127,000 for the mortgage plus back taxes which were approximately $6000, for a total purchase price of approximately $135,000 including closing costs.

This six family house with an adjacent vacant lot was purchased from a private mortgage holder where the mortgage note amount and the tax arrears totaled $460,00 and was purchased for $150,000 in total.

This mixed use property in a busy commercial area of Newark, New Jersey was purchased from a private mortgage lender thast gave a first mortgage to a rehabber who could not complete the project. The original first mortgage was for $270,000 and was purchased for $120,000.

This semi-attached two family home in Irvington, New Jersey was purchased from a major US bank where the original first mortgage owed was $132,000 and was purchased for $70,000.

This 4 story 5 unit semi attached brick building was in foreclosure and was purchased from a major US bank where the principal balances on the first and second mortgages totaled over $1,400,000 and was purchased for $950,000 in an all cash transaction.

A one family brick and stone home on 2 plus acres purchased from a major U.S. Bank, the original mortgage was for $240,000 plus accrued intrest and legal fees and was purchased for 175,000.