As a result, my friends, family, and clients are getting crappy service and that gets attached to my credibility.I basically don't trust any of the services I am aware of that claim to provide or source out "qualified referrals" because there is no incentive for those third party services to provide a good quality service to someone who isn't a repeat customer (listing agents, home sellers, and buyers aren't repeat customers for them...the business model doesn't encourage repeat customers).

We basically would need to finance $133,500 total to have enough money for repairs, we guess, but a normal mortgage won’t let us go above the sales price of $113,500, obviously.We could mortgage & put the repairs on a credit card, but short term the cash flow of the house would not let us pay the credit card off quick enough.The seller cannot finance at all since he needs to pay heirs, so he needs the $113,500 at closing.I do not yet have any private investors.Any help/guidance/suggestions we would greatly appreciate!

Its all webbased etc, no downloads - easy for the end customer to view basically.

For example if your house costs you $100,000 when you buy it and then seven years later you sell it for $110,000, basically you pay the bank back their money ($100,000) and you keep the $10,000 for yourself.

Basically, you want someone to go through the house and nitpick for every single small thing that will need to be done and have them estimate the low and high values for repairs.Then you go to the negotiation table.

The basic criteria is:1) a good rate (such as 7% and up)2) note value $20K and up3) seasoning can be less than 6 monthsI will present the note on your behalf.

Therefore, depending on the terms of the note, in just a couple of years you could be paying A LOT more per month on the same mortgage (and it is all interest that is basically flushed down the toilet).You should consider shopping around for other lenders.

I read where most of you have regrets about the deal you *didn't* do and the investor vs. observer thing but I'm still having trouble deciding how to convince myself to leave the relative safety of knowing I can make all my payments to letting other people make them for me and worrying about what happens if they don't later on.

There are companies that pay you to do these BPOs - basically you're helping to do a CMA for REO properties.

Basically you want to become the "Mayor".