My idea so far is something along the lines ofReceive list of non-performing loans offered by a bank, Freddie Mac/Fannie Mae, some other source.Underwrite each loan to determine the price we are willing to pay, given the info providedSubmit bids on each loanPurchase the pool of loansReach out to each homeowner, determine whether new terms, deed in lieu, or foreclosure is best optionSell newly performing loans or foreclosed propertyDo I have it mostly right?

This may be a dumb newbie question but I haven't run into this before.A local commercial property is listed for sale by owner. I reached out asking for more information and willingness to sign a non-disclosure if nece...

Thanks for the info Dan!

Send me a DM with your contact info.

If you can't find the contact info PM me. 

They can give you alot of info and its all free! 

Useful info!

Just call the closing attorneys and tell them what you are wanting to do and they can give you the info.

Companies put lots of money into researching where to build, then the info often finds its way to the internet for free. 

You dont have enough info to know if it's a good deal.