Creative Foreclosure Investing: How to Profit from Overages and Distressed Deals with Bob Diamond
Description
Negotiation, deal structure, and legal traps—these can make or break a real estate investor. Few people understand this better than Bob Diamond, a seasoned real estate attorney, investor, and developer featured on Fox, NBC, NPR, and TLC's Flip That House.
With 30 years of legal and investing experience, Bob has personally negotiated more than $100 million in real estate transactions and authored three books on real estate investing. In this episode, he shares powerful strategies investors can use today to thrive in a shifting market, including:
-
Overages 101: How to claim surplus funds left over after foreclosure auctions and turn them into a cash business without buying properties.
-
Foreclosure Creative Plays: How reinstating loans and taking over existing mortgages can save investors cash and avoid personal guarantees.
-
Commercial Property Opportunities: Why distressed office buildings and loan workouts are prime for repositioning into housing.
-
Negotiating with Local Lenders: How to build relationships so banks call YOU when they need to move distressed properties.
-
Puerto Rico Advantage: How Bob slashed his taxes to 4% by moving to Puerto Rico and tapped into a community of top entrepreneurs.
-
AI & Real Estate: Where AI tools are already making real estate more efficient—and where not to rely on them.
Bob also discusses why this is one of the best times in decades to pursue creative strategies, given rising foreclosures, distressed commercial assets, and reduced competition from younger entrepreneurs flocking to AI.
Find out more:
Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.



