But, if you buy it and sell it a few months later, it may be all handled on the two transactions, and you're never out a dime.

You have to remember that most title companies have no idea what they are doing when it comes to creative real estate transactions.

Must go Hard or maybe a small mom-n-pop bank that has portfolio product.

We only buy properties which will yield an 11% cap however ,leaving a LOTS of product we won't buy.

I use the online service of the USPS to send them.They charge me a printing and production cost of $.43/card to print, address and mail the cards.

How would I approach this transaction.

One of the main reasons I'm part of the forum is to get some info on how I can find ways to list REO properties in Michigan, since we all know that in this market,(specially Michigan) the main transactions are in foreclosures.

You are paying a third party for the consummation of a real estate transaction.

The boost in business was small, but I got some repeat customers in terms of other local small businesses that like to support locals.

In general, Real Estate Agents are not equipped with the knowledge or skills to do these transactions...you need to look hard to find a good one that can.dave