I own another company (non real estate) that keeps me busy so I can only realistically spend about 10 hours a week on real estate ventures.

I know getting any cash out above my initial investment and documented improvements on an unseasoned non owner occ prop is a chore right now (and I don't need the cash above that, but will want it when I can get it) but I know there are routes for it with solid credit (which I have) and good reserves (again which I have).

The name of the Trustee is public information, but the name of the beneficial interest is not.

However, we know up front about what we'll be dealing with and plan on holding the properties for a while before we'll even start rehabbing.We are currently attempting an auction as a way to wholetail properties to the public with them understanding they can't come with FHA financing.

Doesn't a non-performing loan hurt the bank's ability to borrow money?

The washer broke down in my duplex, and I opted for a coin-op replacemnt, even though it cost twice as much ($600) as a non coin-op.

•Look at bulletin boards, local papers and small independent publications.

I just wanted to remind everyone that all of this information is public record.

Most pre-foreclosures in my area receive about 25 mailers within the first few days of publication so I want my envelope to stand out, as well as my mailer.Good Luck!

If you'd like more information on HUD's Teacher Next Door program, visit http://www.hud.gov/goodneighborORSend an e-mail to a Teacher Next Door Specialist at [email protected] the Teacher Next Door ProgramAny teacher who is employed full-time by a public school, private school or federal, state, county or municipal educational agency and is a state-certified classroom teacher or administrator in grades K-12 is eligible to apply for HUD's Teacher Next Door (TND) initiative.Teachers can purchase HUD homes at 50 percent off of the list price in HUD-designated revitalization neighborhoods.