following this thread as I am in same boat and am looking for more info as well..

@Peter Daniledes I'm sending you my real estate attorney's info.

I'll send you a message with contact info so we can connect. 

I would dive into the articles and podcast to soak up the info.

The pros & cons & how 1 can retrieve more info about the 1st mortgage or if its really worth bidding towards a 2nd mortgage at a foreclosure auction?

Looking for info on companies to move a 401k to a self directed 401 or IRA to be able to use for loaning and investing for real estate.

A qualified agent should be able to get more info on the property and how to proceed. 

Fantastic info! 

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...