You have to send lenders buyers ready for a pre-approval before they will even consider sending you a potential client.

Get a pre foreclosure lead and I'll teach you a few things.

I will use the analogy of skiing - if you have never been skiing it's not recommended to start on the black diamonds.

I've always wanted to live in New York City instead of the suburbs but the city is just far to expensive for me to begin investing anytime soon. the criteria for an ideal location is listed below 1.Not a fan of very hot and humid summers. cough cough New York cough2.Area where i could be relatively close to bike trails, hiking, skiing, and any other outdoor activities 3.Prices close to the mid western market 4.I do like being in a big city I have been considering highly of Denver and Indianapolis.

I find opportunities in distressed real estate situations and can engage in subto's, options, assignments, deed sharing, trust beneficiary positions, mortgage wraps, Lease Options, Earnest money collaborations and more.A Wyoming organized entity with a local mailing address whose phone number is xxxxxxx Company details: A proposal to enter into a $5,000 Promissory Note at 12% APR with a 12 month renewable term and the agreement for you to set aside another $5,000 held in your bank account to be used in a real estate transaction until called upon to use the (escrowed) $5,000 until a deal is presented.

Personally ik someone who wholesale properties through bank auctions so it makes sense but idk too much about it sk i can give you any good advice about wholesaling that way

Put in your offer and if they require proof of funds or a pre-qualification letter, a HML will usually email you one within an hour.

Purchase price: $260KLoan amount: $195K (down 20%)Closing fees: $4,235Prepaid interest/escrow/reserves: $4,421Interest: 4.750%APR: 4.865%AM: 30 year termPrincipal and Interest: $1,017Real estate taxes: $270Insurance: $82Total mortgage: $1,370/moThank you in advance for your input.  

Anyone can give you a pre-approval but of course, the key thing is getting the financing accomplished.

I would go to the bank and see what amount of a  pre approval they will give you.