If you have RE investing experience and understand the business you'll be able to identify when an agent is offering you a deal vs. just retail deals.It is possible to buy off the MLS.

If you need any guidance on setting up a simple spreadsheet that will help you model out your specific fact pattern, just PM me and I am happy to help out.

I was unable to identify a section to "Ask About A Lender or Bank".

It needs to be listed in the sale contract sufficiently to identify what it is.

I told him that the key to selling to some investors was being able to access the amount necessary to make repairs and make improvements and to identify the types of improvements needed for a particular property!

Identify great people and delegate to them4.

If the debtor did a deed in lieu, then it could bypass the sheriff sale and go directly to REO status - but that would require the debtor to actually do something, and it would also require that no junior liens be in place (lenders aren't stupid enough to do DIL when there are junior liens - they'd rather the junior liens get wiped out at sheriff sale instead of paying them off which they'd have to do if they took the deed).The bank's attorney identified how high somebody would have to bid in order to outbid the bank.

Would be helpful to all of us, if any patterns emerge from these experiences, so as to know what to look out for during due diligence and before closing.

Bottom to top was the copies of contracts to purchase, appraisal, insurance binder, inspection reports, telephone and misc. notes, copies of receipts for acquisition, HUD-1.Right side bottom to top, tax assessments, insurance policies, tax and insurance receipts, repair maintenance receipts (if extensive, a seperate folder, with an identifying page listing associated folders, like utilities) Utility agreement (landlord agreements) and on top the current lease.On the outside of the folder the property address, legal description, tax ID number, Insurance company and phone number of agent.Anyway, different categories were filed in alpha order first, then in numeric order.

Identify a problem, look for solutions.