If the lender forecloses by filing a lawsuit, then the lender can obtain both a foreclosure sale order and a judgment against the borrower for a deficiency after the court-ordered sale, but only for the difference between the judgment and the fair value of the security.

At some point, the lender files a public notice that they want their money or they will sell the property.

OTOH, the eviction specialists usually offer pretty low rates for that specific service, but should not generally be relied upon for unusual situations.By your post, you are a noob, so you probably are not starting out with complex, multi-million dollar deals, so the eviction attorney will probably be sufficient to handle other minor contract related issues, and setting up standard corporations or partnerships.

Instead of the standard postcard or letter to 1000 landlords, I target a particular property and go after it.

Help them stay in their homes, give them a break and rent to them when no one else is, give them a free car... whatever you think is going to help them.That limits how much you can lose on them, limits how much is going to be stolen from you, and probably limits the number of lawsuits filed against you if you run it as a registered charity.

I believe he is talking about an organizational strategy of writing down every step of the process it takes from 1st mailer out to appoitment set and moving a person's file into whichever stage they are in at the time.

It starts with a notice being filed by the lender.

20% down is standard for investment financing.

I have a standard short sale contract my attorney drafted for me.

So I would need to file a dba, and most likely get a business license in my state then?