John CoreyGood morning John CoreyI am the located in Corona California which is outside of San Diego county .have a question in order to become a bird dog are there any special forms, contracts ,or any other documents that I need in order to make this happen ?

I have a pro buyers contract a long with a special stipulations page I will use when I have to go through a real estate agent.

Loan Criteria Documentation Full Income / Verified Assets Main Credit Score 580 Occupancy Owner Occupied, Non-Owner Occupied Foreclosure 84 Months Old Bankruptcy Ch. 13 84 Months Old Bankruptcy Ch. 7 84 Months Old Loan Amount $100,000 - $1,500,000 Lien Position 1st Mortgage Cash Out Amount $1,500,000 Loan Purpose Purchase, Rate and Term Refinance, Cash-out Property Types Hotel/Motel, Other Commercial Types, Restaurant/Bar Rate Types Straight Fixed, Adjustable, Hybrid Amortization 15 Years, 20 Years, 30 Years States AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY Special Features Borrower is a Corporation, Borrower is a Trust, Interest Only Payments Available, Borrower is a LLC or Partnership You might even have to consider a hard money approach---here is an example of what you can expect:COMMERCIAL, 001 70% commercial Loan Program Notes • Loan amounts are allowed from $100,000 to $5 million

They cut the grass, clean out the trash, sometimes quickly paint the front (front only) and then sell the property as a handyman's special.

How much income will a specific amount of property produce after you strip out the running costs.With commercial and more so with special purpose industrial there might be very little value is there is no one willing to pay for the use of the property.

Profit, profit and profit.In sufficient amount and percentage, produced quickly enough.I specialize in lower priced, $25K-$55K purchase price, FMV of $55K-$90K resale.

As a rule of thumb 12 times the NOI for office, retail, wherehouse, hotel; 14 times the NOI for multifamily, and 10 times the NOI for special purpose properties.

I met 1 potential partner, 1 wholesaler that I might do business with and I met a lawyer who specializes in creative real estate.

Try contacting a CPA that specializes in Real Estate.http://www.irs.gov/newsroom/article/0,,id=174034,00.htmlGood luck!

Many, including myself, are self taught or learned from relatives.A few folks have said that they learned a lot about what to do by spending time at Home Depot or taking the mini-courses offered.All tasks that require permits and specialized skills are an issue.