Target pre-foreclosures thru Flipping/wholesaling in California

[Andy S.]

Hi everyone, 

Do any flippers or wholesalers in CA have any experience marketing to and purchasing from pre-foreclosure homeowners in CA? I was able to obtain a pre-foreclosure list for my county and wanted to do direct mail campaign to them to purchase/flip. 

I hear CA has strict laws/penalties when it comes to purchasing from high equity, pre-foreclosed homeowners. I'm trying to understand civil code 1695 and wondering if anyone has experience.

http://www.leginfo.ca.gov/cgi-bin/displaycode?sect...

thanks,

Andy