@Chris Bodine foreclosures are fine as as long as you are able to put in all of your normal protections. Some banks will allow it, others won't. For the ones that won't, you pass. It's not even a conversation. There is no amount of risk that is worth doing that. You must never, ever, ever, ever, ever, ever, ever skip due diligence. That goes from "Oh I'm getting a good deal because it's a foreclosure" to "Oh crap, that deal just bankrupted me."