Thought about post cards and went with yellow letters primarily because I wanted Jerry Puckett's advice and coaching, and figured why try to reinvent the wheel on a process that was working for tons of other people, so just ponied up the cash and started following his lead. 2.

One property was purchased for 6000 on credit card and the assessed value is 42,000.

  $200 credit card minimums - pay credit card off except for cards with 0% interest3. $676 -  2 car payments, $305 and $3714. $100 Heloc loan5. $580 rental loss from last year carried forward as a payment6. $1700 new property - calculated using conservative numbers, real numbers would make it $1469 based on a 30 year loan.DTI when he ran the numbers came back at 48% , with my new loan amount it would be 46%2 questions1.

I have about 8 mortgages and something like 20 credit cards along with other accounts (insurance, utility, auto loan, cell phone, cable, netflix, amazon, etc).  

I stayed true to my word and dove right in to REI, joining two REIA's, introducing myself to EVERYONE and even obtained a pretty hefty collection of business cards.

On top of that, I usually give a $10 gift card and thank you note for all leads even if it doesn't close.

Cut up your credit cards if you carry a balance on them, and start paying them off.

Send out post cards and wait for the motivated ones to call. 

Credit cards, car payment, house payment etc.

(A full list of what to do is at the end of this posting.)Like my mother always said when I came home with a report card “Well Steven, the world needs ditch diggers, too.”By now, the people you are wholesaling properties to, can’t live without you.