We recently bought a short sale 2nd home in Deltaville, VA which could make more $ than I will this year.....prompted the taking of a closer look at our portfolio and realized the need to add revenue producing assets for our family. 

We've seen pretty good results this way.As for what's better, a yellow letter or a postcard, my answer would be: both.Really it's that they are different.

I also had my Realtor/ PM supply a letter to the bank with the predicted ARV of the property and the income the property would produce.

As a former bank regulator for more than 7 years, I can tell you that if regulators have already identified a risk, discussed it internally, then produced a formally issued document and press release that they were in agreement on internally, the issue has usually already been around for a while, and is probably past where it should be!!!

I bought a great asset that produces stable monthly cash flows and appreciated significantly.

I am liking the results and looking forward to closing these deals and the many more to come.

My background in print design and creative marketing has definitely helped me streamline these campaigns, and working at one of the largest print houses here in CO has greatly helped in regards to cost of farming out addresses and designing/producing the mail pieces, and even with postage.Feel free to reach out to me and throw any questions my way! 

An appreciation value would be added to the original purchase price of the home.It is set to the going rate in the area.7) Over the term, I work with the client to help rebuild their credit.I do require that they produce a copy of their credit score and report twice a year.

I love that Idea by the way.I think CF is going to change everything and we have no idea what the end result will be or the ramifications in Mortgage, Real Estate, Securities, the list goes on and on.  

This takes some extra effort and sleuthing & doesn't always get results, but if I can clear an eviction from the record before another application is approved, I do.