If you don't have to bring any cash, documents, etc. to closing then I'd have the title company email a copy of the HUD 1 closing statement for review a day or two before just to make sure all the numbers are right.Assuming that there are no issues during the inspection and closing goes smoothly, have them hold your keys until you get back or mail them to you.

Has it been more than a month since this mailing went out?

However for these acquaintance prospects, I'm considering mailing a postcard or calling on the phone to gauge interest.

Good example why buyers should use a loan servicer.Mail your payment, certified mail return receipt requested, if it is not accepted on delivered your letter/check will be returned.

I would have no problem, except the bank won't consider the income from the subject property for a new mortgage unless you've had Schedule E income on your return for 2 years.

Well your number one problem is your mailing to people who generally have something for sale and it didn't sell because it was overpriced so you have a prospect not likely to even come close to the price you as an investor will want to pay and just may even not even have a ounce of motivation.I would just ask them to tell me about their situation.

I am following the formula below and am kind of stuck on #2.1.Find distressed properties2.Research and identify those with real potential vs no real potential at this time.3.Mail property owners with specific lettersEssentially, I am not exactly sure what I need to be researching in order to qualify these properties to remain on my Driving for Dollars mailing list and actually receive a letter.

I'm also starting another o e that is more hands on.

Is it mostly direct mail?

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