I am looking into Wells Fargo right now, they told me over the phone they would do a HELOC at 80%LTV on a rental property, at any value of home.

@Jesse Stephenson See this video about avoiding the Home Seller going around you. http://reiskills.evsuite.com/bp-sellergoesaroundyou/ No advertising links or phone#s.

Not sure if I'm allowed to put phone numbers here but mine is 404 788 3625.

Would you recommend contacting them by phone or sending a letter and let them respond?

This is a question I have brought up in my office and the simple explanation is return phone calls if you cant answer and give them a weekly update.

Contractor did not properly screen the tenants.After two months of the moving in, he gets a phone call from their previous landlord, who apparently proactively tracked down his contact information down to inform him that the four guys were bad news.

Like before, I've sent 15 hand written yellow letters daily 5 days a week and have received a 6 phone calls total from sending 150 letters total, resulting in a 4% response rate (6/150) and a 0.0067% (1/150) potential deal rate from 1 close call.Regarding my yellow letters, this is my 1st contact letter: "Dear ___, Hi!

I also plan on taking all the phone calls for problems and delegating to a management company to meet the maintenance I call.

No return phone calls...and "if" they call you at all, they don't know anything about the property.It's really annoying....has anybody experienced this, or is it just me...?

Even for listing brokers the AM's highly covet their e-mails and phone contacts and change them frequently.