:welcome: to BP.Markets are always local.Deals are even more local in that you just need a motivated seller to get a bargain.

The recent rate cut was motivated more by politics than by real need.

Hey there Chaz,It's nice to see that you are motivated and you are planning to meet all of your goals.

What I'm now looking for is a some of the common pitfalls associated with this sort of deal.

My business has really motivated me to eventually invest in real estate, particularly rehabbing, as I have the resources (employees/knowledge of work) to take on such projects.As finances are a factor, I'm also considering buying and fixing while living in the house.

They are sort of fancy hotel condos with a few luxury resort amenities that vacationers and retirees want.

I skimmed the first few chapters since it was mostly motivation and mindset stuff.

It has motivated and helped me realize that I have had the knowledge and tools to some extent all this time but was more focused on just being a good employee, finding a husband, getting married, buying a house and having a baby.

I think on preforeclosures I am confused on that - equity or no equity I start with the owner right (the letters, knocking on their door, etc) and in either case I HAVE to get their approval to either make some sort of deal with them - OR - get authorization to work with their lender - is this a true statement?

I have a property lead from a highly motivated seller.