For repairing your credit, go here:lexingtonlaw.comFrom what I've read, some of the best uses for your funds would be:Making up the payments of someone in pre-forclosure and in a subject to dealIf you're fixing up a property and the hard money lender won't lend you quite enough money, but almost, use your funds for the excess

Does anyone have knowledge or experience of buying a note from a bank that is heading into foreclosure? For example a house is listed in the paper for auction, it is vacant, it has no mailbox, grass two feet tall etc....

Is anyone out there doing deals in the CA Bay Area or East Bay? If so, are you getting deals within the 70% less costs range? Are there any wholesalers in this region of the Bay Area? Any luck on Huds or REO'S.
Thanks...

Or you might expect to sell the property in 1-2 years so lower points but a bit higher interest rate could make the most sense.Also consider if there will be pre-payment fees if you pay off the loan before the end of the agreed lockup.There are many moving parts so the best loan will vary per deal.

.) $100 monthly X 12 Months = $7,200 Positive Cash Flow (Pre-Tax)!!!

Also I want to invest in some pre-construction projects but will have to make some quick cash first to pay my 2 huge mortgages.

Rather, they are looking for properties within communities What are you basing the ARV on, pre or post Katrina?

Here is the deal I have found a house that is in pre-foreclosure.

I have clients that do the same thing with pre-construction, I have done it as well.

Thanks for sharing.My experience pre-dated the dot.com milestone.