Obviously "tweak" the letter as needed to make it more professional or more informal depending on your reader.Many times the BEST DEALS are ones where you are 1 degree removed from the seller - i.e. a friend's grandma, co-worker's mother, church member's friend, etc. * If they are upside down - try to be the end buyer of a discounted short sale. * If they have equity and are facing foreclosure - buy the property, rehab (at least 90 days) and resell.

But, having to shut off electrical or water can affect other tenants.

After that appt, his phone is now shut off or disconnected.

A while back I was listening an episode of the BP podcast and was struck by a story that @Brandon Turner told about simply talking to a couple in his church resulting in him buying his main apartment complex.

I own an old church building which I converted into a duplex.  

Before Postlets shut down I put all my wholesale deals (for sale) there and they MOVED and FAST!!

I am a newbie still looking for that first deal due to the fact that I have a hard time shutting off the analytical side of my brain which keeps me scared of getting into something that I don't know enough about.

I have been in that situation were borrowers circumstances changed and the refi they were counting on did not come through and they were stuck with my HML for a long time... it puts stress on a borrower is not fun for the HML...I don't recommend this unless the investor has less than the 4 mortgages.. and 720 plus fico and reserves... which out those they could be shut out of a take out.

Taking them out of your name can mean they get shut off.

They have a major septic system malfunction and were shut down by the health department.