That sounds like a win-win kind of deal.

The last player to do it is no longer alive, Ted Williams.

You're right, I don't have a survey, butWhen I worked as an Asset Manager for one of the largest players in the REO industry, I and my colleagues asked our agents to remove any reference to REO, Bank Owned or Foreclosure.

Either way, you win.

Try your local library and enrich your mind on these things that can aid in you becoming a bigger pro in this game.We all are learning everyday to be better players in the game of business and i learn so much everyday thats sometimes i have to take a break because my head hurts from all the knowledge i consume all day long.No matter what you do always use a corporation or llc to play the game of business and never ever do business as a DBA unless you want to take the pain home when something goes wrong and you are 100% liable for.

Nobody seems to be doing it except for maybe the big players.

How can I structure this deal to make it a win win?

Junior liens being the reason for a difference between the winning bid from the lender foreclosing and what any other bidder would need to deal with if they were to bid higher.Once the property is on the books of the lender the prior seller has no legal claim UNLESS they have redemption rights.

I'm thinking if i do the research on available houses that are undervalued of course, give her some options for purchase, and then actually spend the on-site time coordinating the rehab/renovation to her specs, and finally stage the house for resale - I could negotiate doing it for a percentage of the final sale price.Seems like a win/win - i can get the get the experience using OPM, she gets rid of the headache and we both stand to make a profit.What are y'alls thoughts on that?

So long story short, if they're good homeowners and pay you the full 30 years, you win because you wind up with an extra $50K in profit in your pocket for just one house (so $200K across four) at the end of the thirty years.