Then you zoom in look at neighborhoods, A, B, C, D....

In NE Florida, jax, all auctions have gone online, 5% down, 95% rest is due noon the next business day, via cashiers check, bag of cash maybe..the big boy players store their 100% full cash with the court account already....ive also heard local escrow account will wire that morning too, which makes sense, .......Im interested in auctions, but until i am 100% all my own cash, i feel it is almost impossible to get a hard money lender to move 95% of the cash by noon the next day...no way.... to me, you can pretty much rule out using hard money all together to fund online auctions...they don't seem to go together.. it is 100% liquid own cash or private money ready to wire from escrow..

Hire @Brad Schaeppi to revise or write the CD for you.

ONLY do business when your starting out with reputable HML and one who is local who you can walk and in and talk to them in person.there are bigger players that are in multiple states. but NO one is in all 50.. these include.LendinghomeLendingoneLima oneVisio GensisAnchor Aloha Conventus and on and on and on.. there are plenty of legit lenders out there. 

Francescon now lives in Illinois.Early in the crisis, cash-rich investors rushed in, snapping up troubled homes on the cheap.Big, Wall Street-backed firms and small players picked up homes by the thousands at bank foreclosures for well under $100,000.

When I look at the REI landscape, I always wish that more investors, players, and vendors would try to create win, win, win situations.  

I used to think that it was all because I invested in borderline C/D properties.

Best place to look for investors are your local meetups, ask around, usually the more experienced players don't show up too often.

I typically end up with 3-4% cash on cash.I know people are irrational and enamored with home ownership but there's got to be something I'm missing.Who would bother when you can certainly do better in a REIT and in many cases equivalent in a risk free CD @ 3.3% with click of a mouse?

I typically end up with 3-4% cash on cash.I know people are irrational and enamored with home ownership but there's got to be something I'm missing.Who would bother when you can certainly do better in a REIT and in many cases equivalent in a risk free CD @ 3.3% with click of a mouse?