He also said it was closed prior as a 3/1.What is the best way from a due dilligence perspective to find out which is actually correct?

Jeff S Thank you for your perspective on this.

When I first heard about the 'note finding' business it was more than a few years ago and it seemed like a fresh idea.

Is there a way to fit hard money into this from a buyers perspective?

This thread made me think about it in a different light since Kyle and his father are going to partner, so I was interested in your view from a business perspective since you have been successful in real estate, which is why I said hypothetically speaking, would you JV or just make the loan if it was your kid?

not true, you can short a mortgage that is current.The whole 'it must be delinquent to short sale is preached by amateurs fresh from a weekend seminar Originally posted by Randal D: My offer price to the bank would be around 118K, depending on the BPO why so high?

My perspective with a situation like that is, "ok, you screwed me this time, great."

Given your distance and full-time jobs, you may want focus on rent-ready turn key properties in a market that makes the most sense for you from an investment perspective.

However, this is just my perspective.

See, it's all in perspective!