You don't you're attempting to act as a real estate agent in this deal!

I attempted this one time and sent about 300 mailers to attorneys and got few calls and no deals.

We have since retained counsel and have been withholding rent in an attempt to get some relief, and the bank is non-responsive as well.I would ultimately like to purchase the property, but the amount owed is far greater than the current value.

Once I have those under my belt I will attempt my first flip.

I'd suggest you not attempt to do seller financed deals without professional assistance and that is not from any pod cast, book, guru program or other sources.

While you should read and understand what terms you're agreeing to, in my experience, most banks are reasonable when it comes to REO sales -- as long as you're not trying to game the system (for example, trying to get around the no-assignment clause), the bank will approach the transaction in an earnest attempt to do the right thing.There are exceptions, and in my experience, Fannie Mae REO transactions constitute the bulk of the exceptions.

Once you have that going you can focus on funneling in sellers and buyers and attempt to collect enough prospects to make a deal.

Attempting to develop a good "yellow letter" (also may or may not use it but I'd like to at least try this out)5.

If you're attempting to rank higher in the SERPs you're fighting a losing war.

I'm currently doing some rehab to my personal house with the goal of listing it later this year and using the equity/proceeds to get into a multi-family in the twin cities metro area.I've been analyzing a ton of properties in attempt to learn our market and the potential opportunities that are available.