And, BTW, if you do that I'd suggest you look to some professional loan servicers and contract with them to do the leg work for you.While there may be some good books out there that hit on how to negotiate a note purchase, how to find notes and what all can be accomplished with a note, much of it may be outdated.

I dont think it gives any competitive advantage to withold that as most people here are professionals and like to compare.

Can anyone tell me if there is a simple way of locating asset managers with performing or non-performing notes or REOs, or if there is a professional organization that many of them are members?

Some want simple pix, and some want them looking very professional with color effects, etc.

Your wife's income will qualify, as the first full-time professional position post-graduation does not require the normal two years of work history.

For that matter, we need to, as professionals, continue to learn and educate outselves, so never stop learning, either here or in a book or in the trenches with a mentor.

I would like to thank everyone that contributes to BiggerPockets, alot of the information is very valuable to me, who is just starting out in wholesaling.Because I am just starting out in wholesaling, I don't want to waste my time and I want to start this right by asking the professionals on this website.Finding motivated sellers will not be the issue, but finding good quality properties that buyers are actually looking for will be my priority.

I really can have no respect for anyone as an American, who would imply that an agency of government service professionals would attempt to act politically, just insane, there are probably as many repubs as dems in those agencies.

If you are a real estate professional that is completely different and you should have a home office in which case I would not argue the issue.

Usually one or two phone calls is enough.If you don't have those contacts yet there are much easier, more professional, and legal ways to find your local cash buyers.