I got hooked into the promise of "get rich schemes" with internet home businesses, quite a few and got myself into about $15,000 in debt.

The property is set up more as a residence but could easily be transformed into an office because of the layout.

Most business is conducted by Internet and the phone, and there's no real need to meet over coffee on a regular basis to discuss.That's just the nature of the business.Keep in mind that what may seem like a big issue to you due to being a newbee, most likely is a relatively routine issue for a Pro.

I seem to manage fine using the internet, phone, US mail and my manager...

We have done tons of research, have looked countless hours on the internet for properties and driving around and looking at vacant homes.

While I would more than qualify for a conventional rehab loan for this property, I do not currently have the cash to lay out for a direct purchase.

For now, I want to do assignment of contracts first to build up my capital.I have been trying to find good deals on the internet and I did.

I am trying to learn about how to incorporate the internet and sites like this into my programs.

Could someone lay out how I could wholesale a REO and do it successfully?

Listing notes on any open internet source is not a good idea and a sign that the listing broker has limited resources to sell notes to buyers with established relationships.