To be exact, $5,000,000 in loan transactions a year.There might be a potential market for a middle man that would allow people that do not $5,000,000 a year to get some of the data.For example, many investors would love to find non performing loans in only one zip code.

As far as how much of a discount they will take, that is usually up to the specific asset manager.

For example:Avg sales price of homes in area:                    $ 400,000Your offer would be 87% of $400,000:            $ 348,000Amount of debt and/or liens for clear title:       $ 250,000Subtract $250,000 from $348,000:                   $98,000Split 50/50 with homeowners:                           $49,000The homeowner walks away with cash without the debt of the home following him/herYou purchased the property at a $52,00 discount plus another $49,000 cash at closing.All you would need is a good RE Agent,and a title company that specialize in this type of deals, and of course cash and/or financing.

My current plan is to connect with a motivated delinquent property owner who will accept a small payment to sign their property over to me and then market the property for a discount below current market value or allow the county to sell the property and collect the excess proceeds.

The positive side is that I get discounts on materials and some at a deep discount, but the negative side is that my yearly salary is on 25k..

I have bought timber ground in those areas and it took years to resell... just stick to your tried and true methods of buying deep discount.. check DOM for the area and don't over pay.

Here is my current criteria1) Zip Codes I want2) Equity 50-100%3) Value $0-$300,0004) Absentee (In State and Out of State)5) Residential SFRI am a bit confused about filtering either for Length of Residence or Last sale date.

Together the lot is considered to be a Four Family Home.I am trying to decipher the http://www.state.nj.us/dca/divisions/codes/offices/housinginspection.html website.

The best comparisons will be within the same zip code with properties that have similar zoning.

Total contract price, payment schedule, time of completion, make sure all change orders are in writing and include additional amount, make sure GC is licensed and insured, make sure all of their subs are licensed and insured, make sure that all items are completed to code, make sure that materials are specified (ie marble, ceramic, travetine, etc...)