You'll find that the information here is endless!

We, that is us the investment group resell the homes holding the first trust deed or a land contract...The return on investment is astounding... here's and example:Purchase Price $6000Sell Price $30000Down Payment $1000 (The reason we can sell at this price is the low down and low monthly payments..Cheaper than rent)Hold note for 10 years 120 months at 11%Payment $399.48Yield 95.88% (That's unbelievable)Months until return of initial investment 12.52Total payment $47,937.60Profit $42,937.60But here's the best part..If we want we can sell the note as follows:FULL SELLYield 20%Sell price $20,671.06Discount $8,328.94Profit $15,671.06PARTIAL SELLYield 30%Months 60Sell Price $15,223.54Remaining Balance $18,142.24Total Profit $34,192.74The financing possibilities are endless...

You are far too vague, and will either end up with an endless amount of phone calls from unqualified people, or not enough calls to begin with.Here are some examples of my ads, see how much information I share?

In Oregon, I drafted an agreement w/ an agent that I will get a "runner's fee" for the sellers that I refer to him.

who are trying to make it happen in the endlessly challenging Los Angeles real estate market, I thought these neighborhood rental comparisons were super duper interesting.

Also wanted to say thanks again for the endless knowledge BP has to offer!

As Will said above, they don't even show up at the auctions,they have teenage kid paid runners with cell phones attached to their heads.

Possibilities are endless, my friend.

Sharad it depends on the bank itself and what their books look like.In a depressed area already it doesn't make sense to do repairs as the property will be vandalized yet again and the bank will throwing money down and endless hole.If you have say one or two foreclosures on a street in a nice area then yes a bank might do repairs to sell to an owner occupant at a higher price.Depending on the age of the home you can't do just carpet and paint.The bank would need to replace all outdated fixtures,countertops,change layout problems,etc. to get full price.Paint and carpet will not get them close to full value as a buyer coming in will want everything done.It's like a flipped house that has been half way done.The buyer will deduct all the improvements they will have to make for it to work for them in the offer price.There are some banks letting the former homeowners rent in the property.It keeps the property occupied which gets rid of banks dumping for cheap.The bank hopes when they do sell in a few years the market has recovered.

Or instead of taking the first step of action, they endlessly ask questions and never take a step forward.