Hi everyone,I got 10 calls from my yellow letter campaign.

Or a longer term loan for a buy and hold, such as an 8% loan with a 20 year amortization period and a five year balloon.  

My question is; where an out of state address is listed, should I mail a copy of my letter to the property address as well?

Hello BP,I finally received a call in response to my yellow letter campaign from an absentee owner that is interested in selling.The house is currently being rented so I'm assuming the cost of repairs cannot be too much.

Capturing 1-2% of those owners would get the business rolling especially because rents are in the $2500-$3000/month range.Not saying it can't be done, but buying 10 deals (1%) from mailing 1000 letters seems unrealistic.

I actually already have a solid letter that was written under the guidance and influence of a mentor.

I have been mailing out postcards and yellow letter.

Some counties have information on there, and mail them a letter.

Yes, I would send a letter to the tenant notify the tenant of non renewing the lease of the sale of the property, If they would be occupying the property while it's on the market for sale , the showing instructions and how much notice will be given to them (24-48 hours).

He doesn't want to waste his time sending you properties and maybe running comps if you don't have the ability to see the property through to closing.As an aside a POF is money in your bank account,not a pre-approval letter from a lender (conventional, private or HM).