The primary issue is 'teaser' rate resets from the 3% - 5% range to the 8% - 9% range usually resulting in foreclosure.

The people who should not have been in the market are now out ... making it easier on the rest of us.Perception: The media will tell you that everything is too expensive and foreclosures are everywhere and you are about to lose your job and blah blah blah and doom and gloom and darkness.Every other investor that I know simply changes strategies to match the market.

At worst, prices will fall until they match with the long term trend line.

Holy cow.Since I suspect many people get into Subject To investing because they have poor credit, their ability to re-finance is probably below average.I wonder how many people's lives have been damaged, and how many lawsuits have come about, as a result of this technique....

That loan could result in poor customer service, wrong information (because that lender doesn't know you) and reflects badly on YOU.

Maybe not pure-pure profit as you still have all the other possible costs of buying and selling or wholesaling.The issue is the up front costs and are you really going to get deals worth your time.Like any marketing you really can not tell what will happen until you have run the system for a while (6 months or more).You should try to contact existing members who are paying the fee and see what their results look like.Most successfully RE investors know that different forms of marketing work at some level so it is a cost vs. reward question plus the upfront costs vs. the back end profits (cash flow management).Everyone can find ways to do things on the cheap or cheaper.

Come up with the maximum price you can pay, and don't go over that.Conventional financing will certainly improve the results.

I'm skeptical, but that's because I don't want to get burned, plus when it comes to money I'm just really cautious regardless of the amount.One more general question (for now) - if I do approach a bank to purchase a home that has been foreclosed, will I have much success making an offer that matches the principle remaining, or do I need to make an offer somewhere between the estimated (appraised) value and the principle that remained on the loan?

Now I am going to work on the few things that get the most results!

I don't think it will be an upset, because in my opinion, they are pretty evenly matched.