The company will work with the lender's loss mitigation department to work out different types of payment plans for the homeowner, the company has investors that will refinance the property, and they have a network of investors that will buy the property.

If you cover yourself, choose a qualified tenant, and be fair all around, everything should work out ok.

Sorry to hear it didn't work out.

frankly, it sounds like you've got some other personal issues to work out - like financial ones.

He contacted his attorney and he said that I would have to get a real estate attorney to get with the banks attorneys to work out a contract.

How many hours would that work out to be to find and structure a deal like this and get a Tenant/Buyer in the property?

I get calls where many of the people think I might owner-occupy the house, and while I am up front that I will not do that on the phone, the key with YLs is to get the phone ringing and see if you can work out a good deal for both parties.In general though I think if someone is really motivated they will call with any letter.

I work out of town, but I'll be back in Tulsa in about 3 weeks.

I live out of state and I found out from my father-in-law (who was the one that originally hired the same company for their house) that the company simply subcontracts the work out.

You need to run the numbers and see if they will work out to make this a profitable deal for you.EXAMPLE OF A GOOD DEALARV $150KX70%= $105K (What you need to sell to a cash buyer for)-$20K Repairs-$15K Your Profit-$9K Closing Costs and any Funding Costs-$34K MortgageMAX PURCHASE PRICE= $27K