When I can obviously tell that they got a mortgage for $200k only 2 years ago by looking online.

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Also for generic use there is a “what’s missing calculator” at Hugh’s calculators (http://www.hughchou.org/calc/missing.cgi) that you can use to give you a good idea—for specifics you talk to your loan person.Using your number of list at 310000 and a particular online calculator, I input your loan at 310000, 12 payments a year, 8% interest (combo of 6.9 and 9.9 and is probably way off) and 360 payments (30 year loan) and got a monthly payment of $2274.68 for principal and interest.

They train people to make initial contact with people facing foreclosure, collect some basic information, and submit the lead to their group.

Tell me what county/state the property is in and I will tell you how to look up the title on line...the borrower's name will be on the title and then perhaps you can locate him/her with a reverse address lookup...Regards,Scott Miller

I've researched the property on-line and neither was listed as a prior lender.This all new to me, so any information is helpful.

Put online ads on Craigslist and Backpage for the city you want to invest in.

Not to say that you couldn't find a good mentor online or over the phone, and not to say that you shouldn't accept advise from someone you don't know.

I have only read a couple books and online courses so far.

tpercival, I agree that there are some great online resources like you mentioned, however, they are only as good as the availability of information the conclusions are drawn on.For instance, comps I have gotten on properties in Texas were way out of whack.