I buy properties in AS IS condition and  mostly in New Jersey area but I want to venture on other areas and help homeowners that are facing foreclosure.

I think a perfect world would be convincing the owner to sell me the properties by assuming the existing mortgage and maybe giving him a little something extra.

For Example, my Note Investing notebook has Sub Categories for Consolidated Note Resources, Goals, Note Buying Criteria, Foreclosure Timelines and Costs, State Specific Notes, Systems for The Note Business, Collection Time Tables, Note Conferences, Bankruptcy in Notes.. 

Do a Google search for "Boommates" and you'll find references to the Golden Girls TV show and discussions about two significant issues older people face: the high cost of housing and loneliness.For younger people, we call this "house hacking," where someone buys a house and takes in roommates to help cover the costs.

this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).

With regards to the hourly conversation, some clients, especially newer investors, can take hours/months through the buying process to the stage of getting something under contract and then through the transaction to closing.

There were three properties that the owner had and I made a pitch to buy all three.

Evictions usually take an extra two weeks to fix up due to property condition.  

Hello Shad,I think there is always a time and place for flipping, but I think you build long term wealth with buying rental properties. 

He calls them on a dialer and filters to see if they are interested in buying investment properties.