Very difficult to do on commercial property unless you have an ability to identify undervalued properties greater than that of most other investors.

If you find one that has been one the market for more than 120 days and no inqiries, they might be ready to deal.The other thing is I suggest you get with a mentor or work with an agent and learn more about identifying deals.

Being that we are on the front side of this we have not yet identified our projected annual revenue target.

My understanding of the concept is to identify a motivated seller with a nice property with a good loan with little to no equity.

However, there are exceptions to those three if you find the right deal.What I would do if I were you is identify a couple markets you've heard good things about and start investigating them to see A) if they are good markets and b) if you can get deals that cash flow.That said, some of my favorite markets right now for cash flowing properties with good long-term fundamentals are Cincinnati, Jacksonville, Tulsa, OKC and most places in Texas (except Midland/Odessa region - I think that area will pop pretty soon).

As a function of purchasing a loan we calculate all of this to check performance indications if performance is not given and to identify any other performance issues during the life of the loan.

The second approach is to contact the lender at the headquarters phone number and ask for the real estate department; you might end up getting connected with those employees who would be more aware of what the lender will be doing with the property.Now, after all that, the lender may still tell you they will be listing it - so that is when you try to identify who will be getting the listing.

You really need to be familiar with such issues to identify a solid broker.But in this case, your first time, you have enough to be the one and only investor involved and I suggest you not partner with other investors on a participation basis.

Only you can identify what that may be for you.

Identifying some of those can help with the advice.