I did it by utilizing relationship with reo brokers and buying a handful of deals at once.

How near, and what will happen, is the question I wrestle with.On one hand, there is a huge demand building as more rehabbers (skilled or not) enter the market.

After a modification if principal is not forgiven you're still in the same situation as I pointed out, but with lower payments.In this case, I'd just tell the seller that she needs to modify or sell short, to get with her agent/attorney and see which was best for her because your options are very limited and would require more risk that and hand holding than it's worth, IMO.

Nick was the original starter of our local real estate group, he then started touring selling his programs and speaking so handed off to another guy.

We had 4 4plexes at one location that were basically hands off, a triplex that only took a couple hours a month and several single family, a couple of them were management intensive about 5 hours each a month.

Not only did I buy property that Realtors tried for decades to get their hands on, but we were given a donation in cash beyound the sale price for the project.

On the other hand, co-managing with a sibling can be problematic.They say wait 6 months.

Welcome to BP Sierra,First, you can try to get a contract from a Realtor, if they don't hand them out you could make a really low offer on something and get a copy (lol), but that should be examined and modified for your use.

When I spoke with an officer at a small bank, he was looking to form relationships with investors who would take "commercial" NPN off his hands, so that he didn't have to do the foreclosing.

You "download" it to your hands in order to have access.