I think you can do alot with $45K, as long as you concentrate on strategies like lease options, sub-tos and other non bank financing techniques.

A high number of of Alt-A loans that are coming up for adjustment are Non-owner Occupied homes.

I wrote up a non-disclosure agreement contract for the investor to sign.

Yes, banks will let you do an inspection, and will negotiate over non-obvious problems.

Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:• Any lien for installments of taxes and special assessments, which installments will become payable upon the secured roll after the time of the sale.• The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.• Liens for special assessments levied upon the property conveyed which were, at the time of the sale, not included in the amount necessary to redeem the tax-defaulted property.• Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date....according to that, California tax sales doesn't seem pretty free and clear to me.

The more people you know, even non-prospects, the more chances you have to receive referrals and the more business you will have.

If you maintain an office or place of business that is open to the public and you can get prospects to visit you in person, this is one solution.

I have formed several LLC's for non-real estate ventures over the last few years myself.

I was also wondering if the presence of effective public transportation 2 minutes away will influence the price upwards more, with gas prices as they are (we pay close to 6$ a gallon here) and looking like they will keep on going up.

I currently work directly with a buyer that specializes in purchasing REOs in bulk, NPNs (non-performing notes), and UPB (unpaid principle balance).