People whom have money to invest are smart, and these one-liners asking if they know anyone who wants to make 15% ROI will portray you as a phony.Investors don't put their money into sales pitches about potential; old ladies may do this but not real investors, the kind you are seeking.

Believe me, I could tell you story after story of little old ladies being told they need a new system when all they needed is a $100 part.

My first reaction is to reach out to the local housing authority and get her to apply to the wait list for Section 8 and Public Housing but the average wait is very long and this lady NEEDS out of this house.

For the last 2 years, my parents have been in my ear regarding this business and continue to push me to look into it- I of course didn't want to deal with it.Fast forward to yesterday- I listened to one of the latest BP podcasts (#359) and they had a young lady who opened up a assisted living facility in Northern California.

She’s an older lady and asked me for 45 down to make it an even 100.

Add in the City Council which had several “members” helping these ladies move in.

I am actually working on my 1st one if the owner bites (older lady)the reason why you would want a owner finance is. 1. no paying for points, loan docs etc.2. some TO no money down. 3. owner wins buy getting paid interest4.

@Wayne Brooks Thank you Wayne, your answers are fast and you really help me.It is not the same auction, I did not win.It is a different auction on different site.It is a bank REO and it dose say "Buyer will receive a Special Warranty Deed"I called the association and a nice lady said unpaid HOA fees are 15 000.I called the attorney's office also and they said the estoppel is 170 dollars and will take 7 days.

Maybe advise the lady to get an attorney and simply follow up with her in 30 days...

I found a lady who is really motivated to sell her house...Started crying since she grew up in the house but cannot afford to keep it any longer since she hates being a landlord...she inherited the house from her dad, so I was thinking about getting it under contract for a wholesale but turns out I really liked the area and rents go for about $650-$700 for a 2bdrm 1bath so I decided to take a trip to my local credit union to see if I can get a loan.