Hey everyone,I'm beginning my direct mail marketing campaign through a third party company as of now.

So for every 100 - 1000 phone calls you make, you may find 1 interested party.  

Hey @Isadore Nelson - appraisers are 3rd party vendors that won't take it well if anyone tries to influence their decision of the valuation. 

Where each party has some skin in the game holds everyone accountable.

@Rich Dowdall I'd be open to learning from a vet - RE is fascinating to me, seems the hardest part is getting started (not letting your first deal sink you)

DLP can turn you onto several third party custodians...

I believe the biggest obstacle you will face is the need to rely on a 3rd party builder for a 4 unit building.

Chris has purchased hundreds of loans and has always been a solid counter-party to work with.Let me know if you have any other questions - happy to help.

Alternatively, this can be sent to collections (creditor transferring the responsibility of collecting debt to a third-party agency). 

The buyer is not a party to the loan, so the bank will foreclose and destroy your credit, not his.If you put a clause in the agreement that you can foreclose if the buyer misses two payments, is unenforceable and will be thrown out by the court.You are probably needing to do a wrap to maintain the ability to foreclose.Just do a wrap.