Remember the process of learning is an investment also and that investment is judged by the return!!

I remember reading an article somewhere about this but unfortunately I can't recall it's whereabouts.

I might assume the existing mortgage, but if I could find someone to just lend me 2 million CAD and take first position that would ideal. 2m would be approxmiate 90% LTV.

If you only do one mailing a month it is unlikely they will remember the last mailer you sent by the time they receive the next.

I remember calling once....they never return my call.

Hi My name Is John I am a reo Real-Estate agent located in MarlboroNew Jersey , I deal with Bank owned Homes threwout Monmouth and Ocean Counties,Middlesex also.

Remember, every 1031 exchange has contract language stating that the seller agrees to participate in a 1031 exchange as the deed, HUD etc. will be in the QI's name not the buyer's.

If you are going to market it yourself remember to allocate 3% for a buyer agent if a realtor brings someone in addition to your other marketing expenses.

Just remember that you were once a newbie, as was any other real estate millionaire or billionaire.

Remember to factor in some unforseen issues with repairs (maybe 10% over)When you have determined the ARV and the estimated repairs, I would recommend that a "good deal" for a rehab project (fix up and resell) in an average market is 70% of ARV minus repairs.