I know that the method involves the auction process...there is a free forum of people with testimonials about whether or not the method worked, etc.

Unfortunately that method will not help you understand if the investment is too much front loaded or back loaded in terms of when the cash flows come.

I am concentrating on the UK at the moment and wanted to chat with someone in the U.S. to see if I could use any of the methods and tips that you use there for sourcing and funding BMV properties, here in the UK.

The key is to learn Jon's methods so you can determine deals to avoid.

Im thinking of trying the post card method too, I havent had much luck with letters so far.

The bank will be more concerned with the debt service ratio of the property.

As far as the wet lands is concerned.

For things like carpet and paint, you can apply Mike's materials based method.

I would like to purchase sub-to and then lease option out of it as I feel this would be the best method so I will put my thinking in those terms.

The main concern is that you are not sure of the value.