Feel free to send me a colleague request or contact me... maybe something will work out, maybe not.

This includes proving that you attempted to contact the borrower in attempt to work out avoiding foreclosure, etc.

.- Often, at general REIA meetings, they have a "haves and wants" or "pitch" session, where you can pitch your deal to other members.- Most REIAs will have a website forum and/or mailing list where you can post or email deals to other members.- Some REIAs have Facebook pages where you can post deals.

Before you pull the trigger though, make sure you have a second and third exit strategy if it doesn't work out for whatever reason.

It is that 20k that I am trying to work out how to finance.

If they can afford to carry financing for you then just work-out some monthly payments.

In this little "drink the Kool Aid" session, they mention that certain hedge funds will hire you to find them properties, or will simply buy your finished product.So now I have to ask: Anyone ever deal with something like this?

There are plenty of houses in my city that I've calculated to be around this ROI level and plan to keep buying these as long as the 'actual' numbers work out.

If I were you, I'd go into the "foreclosure workout business" being in a law office you'll have the freedom to contact those facing foreclosure where others are not.

This would include getting another investor or even family to buy and then work out a deal with you.