Through my research I've found out that even the experts/pros have mentors, and I guess that’s why their the experts/pros.In essence, the reason why I'm looking for a mentor is the following:1.

I will be having the owner of the largest residential cost seg company on our radio show in 2 weeks, so tune in to get some information on this topic directly from the source expert as I am not an expertt in this process.The radio show is local to us but streams live on the net from the radio station website: www.hometownstation.com

Just wondering what are the best cold calling tips for FSBO or preforeclosure
property owners? Best time of day,etc.

Thanks,

Q

A non-performing note is a liability.

I just need to be careful what I say in the non-advertising forums!

Originally posted by "jobus":Bulk REO's are loans investors are trying to purchase. ...No they are not,An REO is a loan that went to a non performance type status and then was offered for sale and did not fetch a required or minimal amount.

I think you can do alot with $45K, as long as you concentrate on strategies like lease options, sub-tos and other non bank financing techniques.

Build your team from referrals you get from these investors.The price of gas will limit this, but driving around is a necessity especially if you have a farm area so you can become an expert on the values in a particular area.

A high number of of Alt-A loans that are coming up for adjustment are Non-owner Occupied homes.

I wrote up a non-disclosure agreement contract for the investor to sign.