I have pre-approval to do 4-5 of the 50,000 deals that meet MikeOH's 50% rule but it isn't much good to have the funds available if the lenders will not finance.Most bank-owned properties I have found, the REO officers are cutting prices and willing to deal, but here in Alabama, the one year right of redemption is holding up my financing.Any ideas?

With seller assistance, you could configure a 95 CLTV loan program, but you would need a 20% seller 2nd.Regards,Scott Miller

Alexis offering the 3 day onsite training program in CA area.

I know of a development that just got approval in our town.

It is put in a placement program which is an escrow account.

Somehow you also get some sort of "master's" once you accomplish their course, but from what I have heard about this program, this really doesn't mean anything.

In one state I know an old person can defer the property taxes by signing up with a specific program.

If it stays on the market then consider a fresh offer (the same or lower) later.It could be that the people who will handle the paperwork and will actually approve the sale are unclear as to the condition.

By the way, they do have a mentorship program.

But our Declarations need to be approved by 80% of the Ho's and 75% of the mortgage holders.Good Luck,Jason