Hard to bet against appreciation of prime SF peninsula real estate long term.And most importantly - .....Go Giants

So apart from searching BP for investors in your area, how about drive-by's - even contractors (especially those doing reno's) can be a valuable source of information about local investors they know of or have worked for.Hows about dropping into your local Title Co, not a BP resource, but I'll bet they'll be aware of investors who buy from them on a "regular" basis (whatever 'regular" may be in your location).Good luck.

It's not a popular type of ownership except in NYC where 70% of the housing is co-ops.

I don't know those guys (I stay away from gurus) but my money is betting they will tell you stuff that will get you in trouble, betting 2 to 1.

In other words, spend a few days on this site reading all you can and I'd bet along with buying J's Book you'll learn a lot more about RE investing than you can learn from any guru, whether they want $1,200 or $25K!

Issues of fraud and deceptive trade practices certainly apply to commercial transactions, crossing lines can lead to other criminal charges, wire fraud is a popular charge applied as funds are usually transferred, if the mail was used in connection with the activity, mail fraud charges may be brought.When people don't have business experience or really understand underlying financial matters and try to be creative because, for one reason or another they can't perform under usual and customary practices they expose themselves greatly to scrutiny, it only takes a complaint to the right person to uncover mistakes.

I'll bet good money that there are more than a few similar listings on the MLS where financing would be more welcome, and there may also be seller financing opportunities that make good sense that are less risky than financing auctions.

Although they might sue you for it first and considering the ridiculous inventory they now have of 1300+ homes, mostly ones that aren't worth touching, even for $1 due to heavy damage and being in areas where the max possible value wouldn't cover the repairs needed, I bet they'll be doing more lawsuits and less foreclosure soon, who knows.

Very popular in the  70s when no one could  a new mortgage   Not so popular now  other than some parts of Hamilton and  Alberta. 

Even though it runs contrary to popular sentiment, don't ignore the professional realtor community.