So far this site seems like it has lots of good info.I was at a conference with Chief Denney on Bulk REO's and he mentioned this site so I decided to check it out.Hopefully I can help some people in the future.Don

So we decided to give this a go with a low cost investment and bought an oceanfront condo/hotel in Myrtle Beach.

With a Foreclosure Judgement, the document will be filed in public records for that county.You would really be surprised how many people run your name through public records after meeting you/while deciding to work with you.

and by the way if I do decide on option 1, is it likely I will I need a 20% down payment on the property becaue I will be renting some of the units?

I'll open and read a letter, because that's what we do with letters, BUT the second I see it's a solicitation then I switch to subjective mode and quickly decide if this LONG letter is something I want to CONTINUE reading.

Long story short I did some more research and decided to do it on my own and learn however I could.

If you decide you need to buy something use the card and pay it off right away.

One way that I decided I was going to get motivated sellers was a pre foreclosure list.

After spending eight hours reading all the great forums here, I decided I should introduce myself.....Hi, my name is Annie and I am from Northern Utah.

I'm glad I decided to look into this.