hi kylercouple of things I need to know which state are you inI am not sure how it works in the US with regards to funding but here you need to find another funder or you can go to some one like us ( now I will say us in a generic way as we do not operate in the US)but people like us negotiate with banks or funders to take out the bank loans and you can do that direct as well as long as you can find a negotiatinggroup or company.if the bank is fore closed thenits the same as if a house is foreclosed just a bit biggeryou are going to see this more in your market and rich what you are talking about I do here in sydney everyday of the week and work out a way of organising funding to come into fund out the finish off and also negotiate out a reduction in the first teir debt to allow for the higher cost of the cash finish off money.it is a bit specialist but its there in your marketI for one would be very interested in the banks that are falling overnot sure who or how the banks would be held there ours are held by what we call liquidators or receivers and these are the guys I talk to multi time a week for different deals.if the bank is to be resold or rebirthed then the only asset of the bank is the loan book.what size of bank is this you are talking about is it a regional a community or major if you wish pm me or send me an email so I can disuss or send to rich and he can on forward to me.

I've seen new agents get as little as a 50% split, and know that there are many companies that offer experienced agents who don't work out of the office 90%+ of a deal.

If I were you I'd work out a split of somekind with the wholesaler.

If that doesn't work out, call a real estate agent that specializes in short sales.

Realtor seems to think one could work out a deal with the Lien holders for the homes in exchange for lot fees due.

The formula is pretty simple, but it doesn't work out to a specific amount you can spend per dollar of rent.

I just don't want to be driving all over the place to look at something that's probably not going to work out.

It would seem that where I'm at, I can either get the notices the day they are filed by going to the Recorders office myself, which becomes time intensive, or I can buy them or get them for free from another source, but they are at least a few days old either way at that point.

Try to find a coventional loan with 20% down(I doubt I would be able to find a bank willing) and do rehab work out of pocket?

I've been approached by Mynt investments wanting to have a chance to put any of my 5 and over apt. buildings under a 2 year lease-purchase (the version that commits them to buy, not jsut gives them option) and so I don't think I like it, because I've got my buidlings running quite nicely, and what if it doesn't work out and 2 years later they don't pull the trigger and leave me with 50% vacancies, etc.