I am using the 70% rule to make my offers and have begun to put offers in on properties with only seing the pics listed on the MLS on listings I know to be in good areas with good school districts that are REO or distressed etc.

After the 12 months, there is no other auction, (that i am aware of)you just get with an attorney and begin the foreclosure process and either rent to the homeowner or evict them.Not sure about the prices the auctions end at, i would imagine some of that information woud be available at the courthouse in the deed/lien history documents.I have a different strategy i am trying to implement regarding the liens, but the couple auctions i went to in Dekalb county, you really have to do your research, as there are just a bunch of attorneys standing around auctioning stuff off, there is no rhyme or reason or organization to it all, so you definitely would benefit by going to a couple before you decide to bid, to get a feel for how it all works.

Gents,I haven't found a specific or organized military real estate investment program.

Before someone thinks this was some large organization it was not, it kept 4 processors, 3 full time originators (a couple part timers) and two loan officers as well as myself busy, usually under 10 million (between 7 to 10), in portfolio, not counting the brokerage (#2 functions).

I know of at least one person who has already begun turning properties over quickly to hedge funds.

Im completely new to real estate investing and im just looking for a way to stay organize and efficient.Risto Mcintosh

My goal is 1 organic deal from my site this year.

Hedge funds have been busy collecting cheaper assets for higher return, but I believe sooner or later, dearth of liquidity will push them to the aforesaid newer building market.On the other hand, smaller cash investors have begun to take this unprecedented opportunity since a year or two ago.

I'm also a member of American Assn of Private Lenders, but since the organization is fairly young, there are plenty of hard money lenders who are not members yet, so just because a lender is not a member, doesn't mean they aren't on the up and up.

Then you can print out an "articles of organization" (or something similar.)