They never even open the package.

He then tried to get me sold on the idea of buying 10 houses in a package deal for 570k that have a monthly rents of $6200.

What software package did you download to analyze this?

I already have an authorize to release information with the lender and have received their list for short sale package.

Packaging for the masses.

Originally posted by "mud":not an add at all, if it were i would have put my contact info or paid for a banner. all i am saying is yes these deals are happening and the smaller ones seem to be much easier and realistic. now that the banks are allowing investors to buy direct instead of through realtors the investors can get a much better price and easier transaction.mud, i think i have seen your 15M and 18M packages. are you sure you are a true provider?

Only lenders who packaged and sold their loans are stuck right now.

Unfortunately, he does not go into great detail.All I was doing is seeing if somebody was interested, if so, I have a package I would send them and then put them in direct contact with him.

I get properties everyday that are being sold off market and I package them (meaning do all the leg work) run the numbers, call on zoning, codes ect, market analysis, comps, and present it to my investors who are looking for such properties and work them through the rest of the deal.

The full mortgage market (all mortgages including those held by banks and not packaged into MBS) is approximately $2 trillion.