Ask yourself this, would it make sense for me as the owner of a mortgage company to basically generate a customer for a loan officer and pay them out top-dollar when they were handed a lead or should I hand that deal to a loan officer assistant to get through the pipeline and keep the revenue?

I'm assuming you are hiring a builder which is why I put that in the price. if you are general contracting it yourself you could hire an owners rep for maybe a flat 20k and drive the cost down by 50k and get it just to a lucky two bedroom, 1 bath per side.

Current home owner just got back to us today and said he has an FHA loan on the property but the property was passed down for 2 generations.

I know David Zumbrunn (the owner) is licensed as a title company in PA.

Does he need the cash or can you do a contract/mortgage (owner finance - no bank. 

Hi Priyanka, I am an owner operator of a smaller more boutique property management company here in the Denver Metro Area.

What we do have are data points i.e. pre-foreclosures, foreclosures, vacant properties, divorce, probate, absentee owners, etc. that COULD be an indicator for a motivated seller. 

this will automatically keep you out of C and D and half of the buyers if not more are owner occ  ( thats what you want ). 

I could go on a platform right now and with the click of a couple buttons, I'd be the owner of stock.

She stated the owner lives and is from California while the rest are located in the Philippines.