From what I understand you find a seller going into foreclosure and you write up a contract to buy the property at a discount with the existing financing still in place.

When a mortgage company or investor pool is liquidated notes will be sold at a discount, that usually leaves other investors holding the losses, law suits began to fly.

If you are able to get them at that discount, and the numbers are right you should be fine.

I have made my profit by using all cash to obtain properties at deep discount or to lend money at very profitable terms.

If the corporate tenant wants to close that store, you can have a provision that they pay the value of remaining rent stream discounted at the 10-year t-bill rate.

The foreclosure wave that has hit the nation has left plenty of opportunity to purchase steeply discounted property everywhere I've looked.

The address is 1241 Clyde St. in Idaho Your BP member special discount price is only $10,000.

You'll want seperate title policies which means several title examinations and the closing company should give somewhat of a discount on multiple deals closed at the same time.The title company will take care of how the liens are perfected or filed.

What would your ideal note look like in terms of borrower credit score, LTV, Rate on the note, yield after discount, etc.?

Marie Poe, Dion DePaoli & Bill Gulley this has helped me tremendously.