Like everything else.....strike a balance and enjoy your life!!

He did mention he would be willing to partner up on a deal if it strikes his interest, but i would need to provide at least 30% of the funds which is also the reason im saving for such a large dp.  

Hey guys, I am getting into foreclosure investing and have a couple questions since going through almost 500 listings from my county clerks website.1) Is it even possible to strike a deal with the homeowner before the house goes to auction if it has ALREADY been scheduled an auction date?

Then bring the matter up tactfully with the advantages and solutions to their needs, then go to the property side and strike your deal.If you hem haw around, do the property side, look at comps and then realize that your needs can't be met, you just wasted your time, wasted their time and you have pie on your face acting like a qualified buyer when you're not.

You should always START negotiating at 10% below asking, this is your strike price.

The other collections would be strikes against their report.I use an objective score sheet that evaluates them on 10 different criteria.

Once I get comfortable and come up with a strike price, I will contact the broker/seller to gauge price sensitivity.If we are close in our numbers, I will schedule someone to go see the asset - one of my property manager's.

Think Samuel Jackson Pulp Fiction "and lord will strike down with great vengeance and furious anger."  

Great to hear.Let us know how it works out and if your attorney strikes any terms from the form.Bob

Terrorist strikes in London and Paris did not push people out or wipe those cities down.