I got my CA Real Estate License shortly after leaving the Air Force (remember you will have to pay for this) I would reccommend it because there is a lot of information you can pick up and the MLS is a very valuable tool.

And remember the more marketing you do, the more deals you will get.

Without operating statements you are left making an educated series of guesses to arrive at a number representing your risk in the purchase.With every single step you take in this always remember you are buying a failed business.

She had one seller looking for them because he saw them months back before he was ready to sell but he remembered "Erica."

That's basically the whole stinkin box if I remember right!

Remember that it's not just what you do.... it's also what "you don't do" Thomas Moore REODB Inc.

Just remember all markets are different.

Obviously 100% down is ideal.

I deal primarily with REOs working with clients on the purchase of them (About 75% of my business).Banks and AMs have a process they use to look at offers, some pay attention to the names coming in on the contracts, some do not.If you included a letter stating you were not associated with the other party, you should be good.During a multiple offer situation, this is USUALLY how banks view offers, in order of importance, and these do have a great effect with who they do choose to be the one to buy the property.Purchase priceClosing costsFinance typeEarnest Money DepositI've had buyers to win contracts over other bidders not by purchase price, but by the fact they had cash to close, or were willing to put down $10k as compared to another buyer's $1k.

I've also heard of 3% as typical. 2) As little as possible, ideally zero.