If they are really motivated they will come around to your number.Ryan makes another point.

People who earn their living in sales or customer service develop even better skills in this area.Frankly, learning to deal with sellers who are only focused on what they need is a great way to find motivated sellers who will let you win if they get what they want.John Corey

A master lease with an option could be one legal construct to fit what you need yet not be too involved in the property directly.I think the biggest issue will be for you to clarify in your mind the sorts of deals that would make sense.

The regulators expect the REOs to be cleared out and impose pretty hard capital requirements to motivate the banks to sell.

It gave me a lot more to think about in regards to what sort of services I would need.

Although I used to click on memberlist then do a sort by Total Posts.

hello everyone, well anyway i'm a new investor and after some research i decided to focus on pre-foreclosures.well anyway i was told of a strategy that i could use that didn't involve the use of any of my money or credit and will allow me to actually retail these properties to end-buyers and not just wholesale them for a small profit to other investors, it sort of goes like this.1- locate and market to the people in pre-foreclosure, 2- once they contact me setup an appointment with them, 3- setup a land trust with them ( which they will be the beneficiaries and either me or a disinterested party the trustee)and have them sign a "warranty deed to trustee" doc which i will record at the my local court house, 4- also have them sign over there beneficiary interest to you which you'll store away for protection of problems that might come up in the future 5- start marketing the property as well as working on the short sale with there lender, 6- once i have my end-buyer (and hopefully my short sale is accepted in time) have my title company perform a double closing to pay off the first lender as well as myself, and to give the end-buyer clear title without any seasoning issues coming up (which i was told there has to be two separate HUD's, two separate escrow accts and etc)so my questions are: do i have all the steps down correctly or am i missing something?

I am motivated by all of the realistic exchange of information I read here that seems to be lacking at a lot of other sites.

Furthermore I cannot get a job as I am here on a tourist visa.I am literally spending 100% of my time trying to find motivated/desperate sellers.

Sort of what I am in the process of doing for REI.I've been playing this little ETF lately.