Any leads would be greatly appreciated.

You can get Deals on Wheels here at BiggerPockets . . . the book is great and the author Lonnie Scruggs is an amazing guy!

I only ask that because the chances of making a profit are not good when you buy a junior lien at the auction if you have to cover the first as well.Maybe thats another thread. lolTo the author..... read these replies and take them to heart.

Now, beyond residential mortgages, I also finance large commercial loans; which has lead to a nationwide network.

Either feed them the leads for a finder’s fee, or lock up the deal and flip it to an investor to close.

if you've had it professionally appraised and talked with a number of realtors who have given you information that leads you to believe you can get 500k with relative ease (within 90 days of listing), yes then it's probably worth 500k.second - you owe A LOT OF MONEY on it already.

I am also involved with my very first "Short Sale" and experienced alot of upfront concerns with getting someone in that department to talk with me.One of the keys is to make sure that the person that you are tryig to buy the home from provides the lender with a "Letter of Authorization" to speak with you regarding this property.

If you search on the term then you will find leads to services or individuals that can do the work for you.

im curious as to where to start and what things i need to do to make sure everything leads to profit.

But can I use that to deny him, because I have a "sense" that he's a douchebag and will lead to trouble?