Weds morning I got a call from them, met them later that afternoon.

I have been investing for , well lets just say a long time , and have a system that will have your phone ringing off the hook with motavated sellers for pennies :superman:

If you have a property picked out take photos of it, get the tax docs from the courthouse and draw up your income/expense estimates for the first year and show how you will make it work.Place COPIES of all of these papers in a 1/2" three ring binder that you can give to your banker and leave it with him.If you have a good well thought out plan and good credit you should be well on your way to getting pre-approved for your investment property.

Once you’ve begun to establish yourself as an expert in your field your phone will ring more regularly.

Welcome to BP, it always good to have more people from Las Vegas.Check out the Las Vegas group and join if you haven't done so.http://www.biggerpockets.com/groups/10Be sure to check out the info for the real estate investment club meeting, which is Wed. night.

Seemed strange.....but oh well.......several months later the phones started ringing from neighboring tenants "what kind of place did you rent to?

Their phones aren't exactly ringing off the hooks with people wanting to buy a home right now.

It does not matter if you do not know what Luan, or a ring shank nail is, Google it, and learn as you go!

I'm not sure how wedded you are to this idea but I will tell you there is a bank here in Georgia that has negotiated write downs of the principal and allowed the borrowers to stay in the home.

Our phones have simply stopped ringing (luckily we are booked out fairly well through the end of the year, but what happens in January?).