As prices of homes fall more people are upside down and cannot refinance which will lead to even more foreclosures.

$9,000 per year for leads?

He really has carved out a niche allowing him to perform almost all functions in-house, creating leads off of every call.Anyhow the initial plan was to get me started as a Loan Originator, then once I was familiar with that end of things I could grab a property and he would walk me through the process.

My most cost effecient form of getting leads is direct mail!

The author is a RE attorney (CO & NY) and investor.John Corey

I even helped write (with no author credit) an internal guide when I worked with one of the Big Four for the leading guy of the firm in San Fran that specialized in 1031 (I was low on chargeable hours and needed a project).

Now I am wondering how to approach this deal (and the Realtor) with an offer in which we can assign the contract or if I should just cut my losses and pass the lead off to an investor.Any thoughts/ideas are greatly appreciated.

I filter out my leads and call the more qualified ones in an effort to maximize my time.

I think on preforeclosures I am confused on that - equity or no equity I start with the owner right (the letters, knocking on their door, etc) and in either case I HAVE to get their approval to either make some sort of deal with them - OR - get authorization to work with their lender - is this a true statement?

I have a property lead from a highly motivated seller.