PI - maybe a private investigator would have even more resources or advice.

I remember when Help U sell was going to change everything :)If Zillow goes into selling real estate then they will have to also be licensed brokers in each state and have the same compliances that brokers have.. they can't just be some massive wholesaler LOLthat wont fly.as for wholesaling this I think is really going to take a hit.. at least the way its done states are cracking down .. and actually going to start following the laws on the books.here is a little snippet of a conversation I had with my state of Oregon department of real estate investigator this week"  The Agency is well aware that unlicensed “wholesalers” are rampant in our jurisdiction.

So I took several months to do an in-depth investigation of all the sites, and when I was done I figured I would share it on the Internet.

Was a great learning experience to investigate permits of any additions or multi-family no mater how good they look.

Was a great learning experience to investigate permits of any additions or multi-family no mater how good they look.

Forecloser and now code violations are on the top of my investigation list tomorrow.

I'd encourage you to investigate what it is your gut is telling you.

He basically said they were down to three investigators for the entire county and that he won't get a chance to even look into my complaint for six-to-eight months.

And, back on topic, no, buying the note is not a path to ownership unless you can obtain a deed in lieu of foreclosure, and after investigating existing liens, you may or may not want to accept that deed.

I would say investigate the city you are in and make sure it is legal before purchasing.