If anyone is interested in protecting themselves or positioning themselves in front of the next trend of this huge growing problem of IDT then contact [email protected]

Got 100k off the first position loan.

Greg, what are you seeing as your positive cashflow be sfh?

You may have to ask the short sale lender what their position is that on that.

I don't want to cast any negative over a positive experience.

The deal has to positively cash flow after debt service, taxes, insurance and some escrow.I have found that there are several properties in my area that fit this criteria but it takes much more work to find them.

From my understanding the hard money lender will be in the first position.

Experience managing your own properties would be a plus, but an incredibly resilient positive attitude is also something you'd want to bring to the table.

I would emphasize about your skills (if any) and bring that up.Read up on some creative financing techniques and come prepared to present them in the best positive light.I would say, dress conservatively as you go around looking at properties.

A good carpenter can be invaluable for the futureDon't know about your market but if need be try to be able to be in a position to rent if a sale isn't forthcoming.