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Updated almost 9 years ago on . Most recent reply
![Trey Brooks's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/487572/1621478893-avatar-treybrooks.jpg?twic=v1/output=image/cover=128x128&v=2)
May have found a lead, need advice Dallas/ Fort Worth
Good afternoon BP!
So currently I'm looking at a pre-foreclosure. The house is worth about $1,210,000. I only know: The owners name, that he doesn't have a loan on the house, and that his primary address is in Florida (but he owns two businesses here, in Dallas Texas).
I found the owner on Facebook, and was wondering would it be unethical to contact him that way? Should I drive by the house and leave a letter on the door or in the mail? (I believe he's currently in town due to recent Facebook posts, swear I'm not a stalker lol)
This would be the very first lead that I contacted, so I'm not too sure exactly what to do.
If I were able to talk him into selling me the house for an amazing deal should I: Bird dog, wholesale, or find someone who would potentially fund the deal? I'm 18 and just getting started with Real Estate Investing. If this lead into a deal... Would This be too big for me to even try to handle?
Let me know your thoughts, Trey Brooks
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![Eugene Kemp's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/447953/1621477096-avatar-eugenek2.jpg?twic=v1/output=image/cover=128x128&v=2)
Trying to understand why if he doesnt have a loan on the house, how could it be in forclosure??