What they paid for a note, assuming it wasn't recent and for the sole purpose of liquidating it, will be irrelevant as to the acceptable price.

(This challenge assumes that you know how to compose a letter, keep track of your campaign activity, know when you have a deal, know pretty much what to say when the calls come in, have money available for expenses and so on.)The challenge is pretty simple: Commit to sending out a minimum number of letters each day for at least 3 months.Based on information I've gathered from other wholesalers 1000 letters per month seems to be a good number.

(I assume by the way, that the 37.5% if of the first month only?)

I currently don't even have a credit card, so I assume I'll need to get one to add to my credit score.

You never want to buy something assuming it will appreciate, because what if it doesn't?

I am assuming it is not updated but children will say it is in great shape.I know the first two properties have been rehabbed are fully upgraded.

(I'm assuming INR is Indian money) puts me at a disadvantage to recommend a strategy for you.

I assume for cash flow purposes as you alluded to.

I assume it's listed as a short sale, and that's probably the best exit for friends.

A lot of people are under the false impression that management companies assume the liability here, or that their umbrella policy will kick in for their neglect or lack of construction knowledge.