I'm looking to learn more about foreclosures and found that the Top 3 players (at least in California) seem to be Property Radar, RealtyTrac and Foreclosure.com (partnered with BiggerPockets?)

hello everyone my name is Antonio Depina I am currently a professional basketball player in Europe who wants to start generating cash flow through rental properties.

HI Bradford,Most lenders can do the 203k FHA streamline or full K / standard program or the home style conventional loan program.The problem is most have not done a rehab loan program or have construction experience  or the process on the lending paperwork side.There is quite a bit of paper work such as:- scope of work + revised scope of work or adjustments- consultant review depending on the depth of your construction project and work being done- resume for contractor- certain lenders have requirements for contractor experience such as you cant GC (general contractor) your own project and such- reserves or margin of error in the project such as the 35k streamline 203k loan which only leaves about 28-30k of actual construction cost with the remaining 5-7k for reserves and contingency- only 203k standard FHA can finance your carrying costs (so you dont have to make a mortgage payment during your 6 months of construction)- Home style conventional rehab loan cannot have a project that is more than 50% of the after improved value (meaning your rehab cannot be 250k on a 450k valued project after you finish) youd have to lower your rehab to 225k or less in this example) This is not limited on 203k products- much moreAfter the construction details and process theres the typical financing aspects which include regular FHA or conventional qualification guidelines.The rule of thumb though is to qualify for way more than you need or to do a max purchasing power assessment to see how much borrowing power we have to ensure we have enough room to budget for the 1) purchase, 2) rehab / construction budget, 3) reserves and contingency budget to fit in loan approval criteria.Let me know if you have any questions on what to look out for.

Player!

Let them know your strategy, your goals and what your business plan is to ensure that your business plan aligns with theirs and you can both work towards the same goal.

Trying to fully understand each player's role in the process leading up to the closing.

We sit down with Ryan Pineda, a former baseball player who got his start with just $10k while doing deals from the dugout.

I was thinking about deploying capital there in 2021.It does seem that CRM is the dominant player there and they are very professional with the initial communication I’ve had with them.

Multifamily seems tough because there are a lot of players and most of my network are SFH investors.If I can be of any help with the Indy market let me know!

The question i have is how many per week and ensuring you have the time to screen and then make offers on the callbacks.