Its typically foreclosure that gets the borrower to reply, so we send a couple save your house type letters, while starting foreclosure in parallel.

After you have been on this forum for a couple of months the new member intro forum gets a little droll.

I would prefer private lenders but they can be difficult to locate, and so I'm looking at hard money.

I do commercial only but learned some of these tips when I went to conference and talked with an older couple that had listed high end homes for 20 years.Good luck.     

Couple of guys I met are working with angel investors on great deals.Let me know if you already have dealt with the UK market and what you think otherwise :)Cheers, Steve

I'm planning to attend a couple meetings this month.

A couple of questions:1) Are you borrowing $100,000 for the down payment on a property and securing conventional funds for the balance of the purchase price?

Often this will be in lower class neighborhoods where that higher rent to value ratio compensates for higher tenant turn over and other related issues.There are places where you will only hit 1% or 0.8% but tenants are low maintenance, properties are in good repair and that kind of return still makes sense.Regardless of which rule you follow, you will still need to analyze the entire deal and determine if it really cash flows.If a property that fits the 0.8% rule cashflows $300 a month and another property that fits the 2% rule cashflows $50 a month, which would you prefer?

I am a small investor in the Boise area and own a couple multi families.  

lol)- Currently working full time in investment real estateMy Current Portfolio:- Consists of several student homes that generate 5x - 10x the cash flow that a traditional rental would- A couple homes were purchased myself through FHA leapfrog and refi (house hacking is the best!)