More capital = more projects or larger projects2) It is one more barrier to shelter personal risk, Case in Point, i picked up a property at trustee sale and recorded the deed as usual, Did not do an eviction because property was obviously abandoned.

ps...not looking to rehab or flip, but people to do minor repairs stuff, painting, carpeting that sort of stuff.

While some HMLs have a repeat customer base, it would be much larger if they could compete in a wider range of borrowers.

This may not work with bank properties but in larger metro areas there are deals all over war zones that you can do this with.

The only way I would do this deal is if I had some sort of insider information that something big was going to happen that would increase the value substantially no matter what.

Only a small subset of REOs will pass that sort of scrutiny.

Hey guys I've actually been checking out BP for a few months but I didn't realize that there was an introductions forum until a few days ago, and I finally have some time to go ahead and introduce myself.Like a few others on here I am 27 so I am sort of at the beginning stages of my investing career.

The larger the down pmt the less likely this will happen.

Sort through the list (get rid of redundancies, bogus addresses, and recipients that you don't want to mail to), 3.

But, this is still driving distance if need be, and the deals I look at are larger multi-family with larger CF to warrant the inconvenience.