This kind of investing does require a certain level of knowledge (ask me how i know :) )If you are completely unsure of how to go about seeing if its a deal or not & how to communicate with the seller, my opinion is that I would put together a bird-dog contract that says _____ will supply this lead to you, and if it becomes a deal, you will pay me 200$. (100-500 Dollars is the going Bird-dog rates around where I live.)

I hand wright all my envelopes.Actually my wife hand write them because I have doctor's handwriting.My results have been phenomenal.I believe in the techno world many sellers especially ones who do not use technology find old forms of communicating refreshing and respond well to them.Junk mail used to be in the mail box and now it is on the internet instead.I have had people tell me they look more forward to getting mail now.

NO THEY CANNOT.The bank has to honor the lease.Now if they were month to month that is a different scenario where the tenant has a certain amount of time to vacate the property.If a tenant gets foreclosed on often times they do not know where to make the payments to.The tenant needs to set up a separate bank account and make the payment there every month.Then when the tenants and the bank go to court the tenants can show they have an enforceable lease and they were making payments each month the bank just didn't communicate to them where to send it.The judge will make the bank honor the lease because of the tenant foreclosure protection laws.As far as right of redemption investors buying in pre-foreclosure in a post redemption state will pay a distressed seller money to sign away their redemption rights.Some banks will want to dump a property with a tenant in place as they can't get rid of them by law and have to wait it out.If you as a buyer are willing to take the risk on the price should reflect that extra risk.If the bank wants to dump a dog of a property it will cost them.Only an unsavvy investor would pay top price and be stuck with a holdover tenant.

The important thing is that Chris and I are communicating.

Same thing here... had a offer accepted... but communication mysteriously took a long time.... all of a sudden they accept a offer higher than mine from a agents client in the same office.

Like Chris said, communication is key, if you do not express in deatil what you need, you will likely be dissapointed.

To most in the investor world, this is not “flipping;†but that has become muddied by trying to communicate to the general public who are used to “Flip This Houseâ€, “Flip That House†“Flipping Out†“Property Ladder†and any other made-for -TV reality show involving rehabbing property and reselling for a profit.

I am new to this type of communication, however I intend to make good use of this forum.

As soon as some hints that they are going to seek remedy, we immediately refer them to our attorney and get out of the line of communication.

We offered you a whitepaper (value) in response for information (registering for our communication).