Bigger Pockets has a list of resources for national, regional and local bank REO listings on its website link: Foreclosure Resources, Where to Find Foreclosures, Bank REO Listings, Pre-Foreclosures, etc.Banks buy foreclosed properties at sheriff sales so, check the county sheriff's website, courthouse listings and local newspapers to see what sold and who bought it.

I also keep a copy of my application on my website for prospective tenants to print out on their computer.

What you pay is the COGS (cost of goods sold) and what get get is the revenue.

After reading a bunch of articles and threads I think my first impression wasn't wrong.I bought a home, lived in it a few years, sold for a nice profit, and moved into another recently.

They're only $10 at homedepot and you can make copy's of your info sheet at most grocery stores for 5-10 cents a piece.

That afternoon I had 4 investors looking at my house and it sold with a nice 10K profit.

That enables them to make a cash offer on a property and borrow fix up money so that they can get long term financing later on.Now you can only have 4 mortgages if the loan will be sold to Freddie Mac.

In 1996 I bought two condos for $30K each from an REO, rented them and sold them 9 yrs later for $160K each.

Thanks for the very quick response - I should add that when we received the $60 bill last year, we didnt pay it - we asked for a copy of the HOA policy and never recieved a reply, so never paid.I am currently awaiting word back from the HOA (we asked them for itemized lists of our account, along with the HOA agreement which we have never seen) - I have never used a lawyer for anything, so I am quite nervous at this point- but I imagine it might be money well spent if it outlines our options.Thanks for your comments - I dont have a problem paying a realistic amount of money ($60 a year for the last 4 years which is the texas statute of limitations for debt claims) - but they are asking for something far more than this!

Hello all,I just sold my retail business for a decent chunk of change and I'm looking to get into commercial real estate.