Good Evening,

My name is Lee from Pennsylvania.

I have been a student of Real Estate Investing for the last 3 or more years and love doing it.

I have done a few deals over the year and do this full time.

I know s...

make it a balloon note with the balance to be paid in 5 years (or whatever), meanwhile they're paying the mortgage and giving you a little bit extra.

lenders typically require the following in the short sale package for them to consider your offer:hardship letter.

One of the points he mentioned was in order to open the possiblity in getting properties under contract, it is important to be making tons and tons of offers every week by way of a Letter of Intent (which he included at the end of his post).

Push on forward.If you can't get the telephone number, go ahead and start the paper campaign. postcards, leaflets and letters.

Send a letter with address correction resquested via the post office.

Or you can have the collection removed from your report by hiring an attorney, submitting proof that its paid, and having the attorney inform by letter, all 3 bureaus that it has been paid.

One method I've read about is finding someone who is defaulting on their mortgage and sending them a letter offering to help.

Can use my state of Maryland LLC and Letter of Intent to make an offer?

More a letter of intent then anything else.If you do agree a contract and you are not clearly spelling out your position you are committing fraud and that is a criminal offense.Best not to get to fancy.