This greatly reduces risk on the principal invested because, at worst, the lender owns the property and will look to maximize value by selling the property or selling the non-performing loan.

Do note investors want to buy notes like these or just non performing notes at a discount?

I'll include what I include on the application on the bottom of this post, keep in mind that I deal with low income tenants.Second is having a consistent, documented, defendable way of selecting the tenant from the applications.  

It would take forever to save for a down payment so I chose the creative route but to find creative opportunities consistently, you'll need to have a marketing plan and/or budget.

Hello All,I want to get my first deal and Assigning a Lease option is hopefully going to be my fastest way to get it, as thus far wholesaling has proven to be such an elusive creature.I would like to perform this in the state of IL, I have done a ton of research and think I have a solid plan but would appreciate it if anyone can find any flaws in my plan or tell me where I am leaving myself open to risk.

Comparing apples to apples, Allstate has consistently been half of some of the other companies. 

Hi my mame is Jaroslav and i am first time loan buyer.I have purchased a non performing loan  for $2500 with UPB $60000 and house value $79000 in Ilinois Chicago and my Ofer  been accepted.Whats my biggest concern is the area where the house is.

The woman at the front desk apologized for the wait, saying that they have consistently been sold out on Mondays, Tuesdays and Wednesdays.

I think most people know to include all your expenses in the numerator but it's the denominator that doesn't seem to be very consistent. 

I don't have a long track record, so he wants to sit on the portfolio for 6 to 12 months to make sure it performs as I project it to perform.