Was remodeled in 2012 when the seller bought it, and he's motivated to get rid of it because he just got a divorce.

Most private owners are not going to want to take the risk of financing because the foreclosure process is oftentimes more complex and longer than the eviction process and most do not even want to deal with being a landlord which is why they are selling.That being said, some people are naive enough to take whatever offer comes to them if they have been waiting around long enough and the person making the offer attempts to document why they would make a great person to finance to.I would probably also offer to pay interest (5-10% fixed) and show documentation of work history, rental history, taxes, a handwritten personal letter of interest and motivation for wanting to purchase the house and anything else.

I have a motivated seller who cannot afford to pay her mortgage anymore and will let it go into foreclosure if nothing is done.The property has $730,000 in loans They Owe $440k / 39% equity The average sold in the neighborhood is $659k Never had a seller like this and new to real estate investing.

I have a motivated seller who cannot afford to pay her mortgage anymore and will let it go into foreclosure if nothing is done.The property has $730,000 in loans They Owe $440k / 39% equity The average sold in the neighborhood is $659k Never had a seller like this and new to real estate investing.

I have a lot of ambition and motivation to succeed in real estate.

Also, if there is anyone in Springfield Missouri that I could offer my energy and motivation to in return for information, I would love to talk with you!     

I would say that the point of the phone call is mostly to see how motivated they are, you already know the area so you can quickly find if their city/town/neighborhood is desirable.

The information available to you is incredible.

But in general, distressed (motivated) sellers are the sellers to seek out, and the list of such sellers will certainly only yield one property per seller for the most part.

MLS listings have been an abysmal failure for me so far.That brings me to my next point - the competition for MLS listings is so incredible (and I'm not even in that big of a city) that I don't see how anyone can purchase a house this way.