I think it is because the investors who were using them didn't perform once the approval letters were issued.

My idea is to follow the 'we need room to perform service/work' method.

I'm looking to register as a vendor to perform property inspections in my area, they handle foreclosed/distressed properties.

Make sure that the contractor isn't going to ask YOU to pull permits (Some contractors try this, despite the fact that it is very illegal in Georgia for a homeowner to pull permits unless they are an owner occupant, and even then there are often local restrictions as to what kind of work they can perform)Get quotes from 3 different contractors that WEREN'T recommended to you by the wholesaler.

Since they are publicly traded, we can easily track their financial performance every quarter.Here are some links to Silver Bay's annual financial statements for the year ending December 30, 2012- Income Statement (Annual Data): 2012 Income Statement- Balance Sheet (Annual Data): 2012 Balance Sheet - Statement of Cash Flow (Annual Data): 2012 Statement of Cash Flow - Full 2012 Annual Report (SEC Form 10-K): 2012 SEC 10-K Report

When you find a potential deal, get it under contract quickly, then perform your due diligence during the option period.

Either way, get it cleared up before you go further or where he may perform work.

Lack of sleep can lead to poor performance.

Being able to perform, simple as that.

From what I've read it seems like I should be able to find a local bank or an investment bank who will refinance the loan, assuming that it cash flows and is increasing in equity through decreased expenses and increased income coming in.When going to those local banks do they look solely at how the property is performing or does the owner's personal credit come into play?