Not sure yet what the pitch will be at the end of the 3-day event but Phill has done 1000s of deals and has direction for every possible scenario. 

My clients from California are able to find deals with positive cashflow and meet the 1% rule at a cheap price point - $120k-$180k.

MD What made you interested in investing in this type of deal?

DSCR just has higher rates and if you overestimate the rents and underestimate the repairs or maintenance, the deal goes south quickly.

I'm specifically interested in learning how to land a pre-foreclosure deal, but I think I need a structured system for educating myself and have a teacher/mentor for support and to hold me accountable during the process.

If you do the latter, you need to screen the new person the same way you did the first person.I offered to let her have roommates, but she doesn’t want to deal with it because she has no one that she would trust to do it.She said “You know I have a big *** dog, but you didn’t know that I like to walk around the house naked too” hahahaSounds like I’m losing this one. 

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Keep studying these resources and by the time you're in a position to purchase, you can be sure you're ready to jump on the right deal when it comes up

So if you don't have liquid cash available for it, you can try finding a partner who can JV with you on the deal or find a gap funder. 

What made you interested in investing in this type of deal?