I have just started sending a fax and email offer letter to the lender the morning after the auction.

Sales contract, justification for price, seller hardship letter.

One other investor called me at 10:30pm about a letter I sent her with intentions on purchasing a house of hers.

You can't just simply buy a house slap paint on it, new landscaping, floor and expect to sell it for 5 digit profits.We all know that the subprime fallout has caused lenders to force many into foreclosure, these numbers are only expected to grow through the next 1-3 years.So would it be wise to think if you were looking to get into the flip market that these foreclosures would have the potential to be a profitable investment?

I work in 100+ and single digit temperatures.

Mike,You do realize that this is part 2 of a two part response---please see my previous post for my rationalization---it has been quite some time since we have seen double digit inflation (early 80's), but that was the prevailing trend at the time (rents raise with inflation).

Should you send a letter?

I work for a fortune 500 company and I grew quickly in the company taking on new challenges.I have a good title and earn a 6 digit income.However, I am very overworked and always in high stress.

Sending a letter to that address is the last resort.If anyone on this forum is involved with the Investment Property Owners Association of Butler County Ohio, please contact me.

I guess a letter then?