If so, you could think about Hard Money Loans, but just make sure you really have a strong grasp on the After Repair Value (see my article How NOT to Flip a House: An Embarrassing Story of Wasted Time, Money, and Opportunity) If you plan on holding this - hard money isn't going to work.

I too have been educating myself for the past few weeks and am putting together a short yet effective plan.

Other than the wasted time for the 95-98% of people who aren't going to call anyway, I'd think this would do more harm than good since you'd be making inaccurate/uninformed assumptions with all your offers.

Maybe you aught to change that policy effective immediately.Kudos,Mary

That money has no effect on any medicare eligibility, but If she (or the rest of you) want to eventual have medicade paying for her housing, the proper procedure is for her to spend that $52K first.

Do the open house.Don't tell them it's an open house though.Just tell 15 of them to come at a specific time, and the other 15 can come 45 minutes later.Of those 35, only 10 will show up.But at least you won't have to waste your whole day.

Second, some REO sales have deed restrictions that effectively eliminate the opportunity for a 'wholesale' deal.

Plus, more importantly, you will want to have connections with many people to make your launch into real estate most effective.

Got off the with owner of the property ( which happens to be out of town owner) place is a mess code violations grass pass my waste and roof got holes/ sunk in ( major water damage.I believe this house would have to be tore down.Anyone ever wholesaled property that would need to be tore down....

I also new the most effective way to communicate to the target market.My business plan was a great success.