Paying underwriters, processors and such to earn interest for 6 to 12 months even if it is a nice interest rate doesn't leave a lot of profit for the bank especially for the inherit risk as not all of these deals work out and the small profit margin in the banks eyes the majority that work out can quickly erode with 1 bad deal they take back at foreclosure

Hi @Uuri Koh , awesome to see this thread a year later after you made everything work out..

You have to be an anal intensive, scraping under the rock for details, in order to catch people lyingIf I catch someone lying in any point of the process or not willing to share information they are a no go... after all I'm sharing the inside of my home with you...

Mike,One of my favorites is look for vacant houses and track down the owner and try to work out a deal.

In order to minimize my risks as I am very new to this, I am trying to search for a mentor who can help me work out the steps, get my hands dirty and create a system that i can replicate.Any help that you guys provide will be really helpful as I am still trying to figure out how to start, who to meet and what questions to ask.I look forward to meeting you all~Sid

If they don't have it, work out a payment plan of $50 per week until it's paid.

It was a very nice place with hundreds of units, 3 swimming pools, workout facility and more.

Best wishes and I hope things work out for you all.Andy

Intemidating your tenants might not work out for you.

However, I'm sure with older apartment buildings the price of these might work out to an adavantage.