My net worth, according to the program is an incredible number, but well below zero. :)Anyone has experience w/ IBank and tracking a more accurate net worth, etc, in regards to REI?

Shortsale is possible but given that it takes 6-12 months to do a shortsale, the 90 day-period prior to auction is too short.John approached me about his hedge fund that can buy notes - "one offs" - meaning one note at a time versus in bulk - provided the unpaid balance is $600K and above (or a jumbo loan).The idea here is get the hedge fund to buy the note at a discount and then I can buy the note from the hedge fund.

I'll be writing an article soon about my preferred multifamily tactic: (The 3R Approach - Rehab, Rent, Refi).

There is a beautiful condemned, boarded up home with an incredible view that I am bird dogging for an investor.

@Dana Hanna - interesting approach to target the retirement folks.

There is so many possibilities with this property I don't know how to approach it.

I have garnered a wealth of information from Bigger Pockets, since I started browsing this site, and the information provided, is all practical, cut to the chase topics - geared towards personal development, as well as giving a hands on approach to investing.My background is in the administrative/clerical field, in addition to have owned and operated a cleaning business for 8 years, then went into the insurance, then medical field.

First off congrats, if you look around, most people do not even begin to start thinking about real estate investing (or any other type of investing) until much later in life, which gives you an incredible advantage if you stick with it.

I have been approached on occasion to pick up a property this way or the second lender has asked me to help find a buyer.

We have found a deal, but need some advice on which way to approach it.