They will also produce a new assignment which conveys ownership of the lien from the seller to you (or your business entity), and ship the collateral file to you.

While these large purchasers might make it more difficult to find deals, overall, they bring the values up, helping under water homeowners get out of trouble and making for a more healthy market.

@James Vermillion right now I am looking at short term flips and rehabs but have already set an end goal if all goes well to include at least 25-30% long term rental income producing properties.

The more you put out the better response u will receive but with a newbie like me wheres the best place i can start with a healthy market ?

A one time mailing might produce a deal and then again it might not.To answer your question test test and test again.

A $117,000 30 year loan at 6.75% paid over 8 years shouldn't produce an equity of $76,540.

---As for April, no wasps that I know of produce honey.

I am a weird dude, clearly you are unafraid to put yourself out there with humor, and that's healthy.

I found a high producing team and reached out to their lead realtor that I was looking for investments in Waco.

I work in financial services and have been investing in the stock market the past couple of years, especially REIT and dividend stocks, but decided to start learning about real estate investing to add to my investment knowledge (and to eventually produce passive income).