Right now as you may know, Atlanta, my home market, is saturated with institutional investors.

There's several locals that participate on this site.

I'm not sure what arrangements are made in Cali but I'm sure the RE Broker participates in that brokerage transaction, they can't just hang out a shingle to originate loans.I suggest you read the Act itself as it pertains to dealers and residential properties and the rulings by the CFPB.

Has anyone had success with an inside sale by contacting trust companies or other financial institutions that currently have the deed?

It prevents me from accelerate and accumulate the portfolio.I start opening up to fixer up multifamily REO property or homepath, where some institution allows less than 20% down requirement for investment.

Without somewhat of a track record, I think getting any sort of 'big money' type financing (like not hard or private money) will be really hard if not impossible, but probably still worth trying to find out more about local requirements for institutions in your area.My credit line, as I said, is guidance line of credit that then has individual notes and deeds and trust underneath of it on individual properties that it funds.

Perhaps for you to get a response from other members here at BP you should have taken the first step of introducing yourself to the group and also participating in helping other people out with their situation.

Servicers will have written servicing guidelines.There are other players involved, everything that goes on in any bank or insured lending institution is not just up to the whims of a bank president or some senior officer.

So this is what a lot of institutional investors were doing before the bubble burst?

Will you participate in Hills upcoming auction?