The neighborhood where I have my units is made up of about 30 individual 4-plexes, all 2/2 or 3/2, and 3 different models. 

There is a huge demand for lower-priced housing with the growing university and manufacturing boom happening out off of USA Parkway (for those familiar with the area).

We want to go in together and become a entity under a company name that we can grow with, not individual buyers.

I turn them over to a mortgage broker I have and he either gets them financed or someone else does or they don't get financed.Well I think there might be a solid demand for private lenders interested in these mortgages and other lending opps I come across daily.

We are individuals who buy real estate (single family houses, duplexes, multiple apartment units, commercial properties, etc.) for profit.

What about buying in an entity and not as individual (which I plan on doing anyway for tax and liability reasons)?

I am thinking, why not split off the back house and sell it individually?

I got myself involved with some individuals in the midwest and are now connecting deals for REO's in Chicago.

Check out California's Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): "It shall be a violation for a foreclosure consultant to:(a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform."

I've been told that letters aren't the most effective way to contact owners of large apt. complexes.Supposedly, the best way to get into the loop and have the first crack at purchasing larger multi-family properties before they hit the market is to (1) network with commercial real estate professionals such as Scott the CCIM (2) join commercial real estate organizations such as the IREM, BOMA, NAA, and ICSC or befriend individuals that are members (3) approach a property owner in the flesh and (4) network some more.You agree Scott?