However, I’ll just like to add some food for thought and delve into what Jim Ingersoll mentioned in his post.

I'm just delving into this now - and I can tell you the cold calling leads are hard to generate - BUT - they are good leads if you targeted the cold calls right.

IMO everyone is dead on but drilling a little deeper...Your Sub-2 the buyer takes title as mentioned above and takes an equitable interest in the same manner as if fully purchased, but subject to performance of the contract with the seller.This is often confused with an assumption, but the phrase "loan assumption" has a legal side and is something that only the note holder may grant.

I have done straight REO purchases via my agent and am not that intune into the the finer legal points of short-sales as I have not really delved into them like other R/E transactions.

I eventually hope to delve into buy and hold investing, but just looking for a good primary right now.Thanks!

Welcome Adam,Your background in your day job will definitely be an asset as you delve deeper into this.

If I took the path, I would be funding in exchange for my partners deeper knowledge and experience.

I won't delve into the philosophical aspects of money - if the concept of money would work in the absence of greed, etc.

Account Closed When you have the code violations list do you usually just mail directly to that list, or dig deeper to find out if the owner is absentee and mail to them?

Steven Johnson I like to "dig deeper" on less rather than quantity with "blind/vanilla" requests.e.g.