Different things work better in specific markets.If you have been reading you likely know the important factors so share a bit more and see what people have to say.John Corey

Also, do you factor the cost of the title search into your deals?

In addition to supplying this letter I have been requested to supply full names, loan numbers and SSN#'s of all parties on the loan before anyone would speak to me.Another very important factor is not to be rude or short to anyone you talk with.

I deal with REO's, notes and mortgages.

In 99.9% of the cases where you hear a woman was raped, kidnapped, abused, etc, there was one big factor involved: DRUGS.

Or is this just a first year factor?

When I evaluate the deal as a package it looks pretty good, but when I break each unit out and run the numbers several are falling short because the rents are below market.My question is, how do you evaluate this deal, both ways as I am, then go back and get a better price on the low performers or do you simply look at the big picture or do I factor in that the rents have to come up to meet the market?

Like most investment arenas, information is a huge factor and you will have access to a lot of it.

The idea involved is to get him in the position over the following year to buy his property back, so I'll be working with him on his credit and other positive loan factors, hopefully getting some seasoned assets as well from this sale.

The plan is to buy as many of these units as possible (ideally around 100 over the next two years.)