Tomorrow I'll be presenting the contract to the banker and escrow company. one thing i'll say though is that this being our first time writing a contract directly with an individual, it has been pretty exciting even though my nerves are shot.

Is the seller willing to give you cash for the negative equityFinancing is tough right now and there are some good deals but getting into a negative equity play just because of seller financing does not make a lot of sense.

He has played no role whatever in bringing us these buyers.

Like Richard stated....join the investment group.....get with individuals who are successfully doing what you are wanting to do....then copy their process.

But I've been spoiled in the past when I could see a place and instantly get a property profile.It seems the data services are really set up so that individual investors have to go through someone else to get data.

One week later we were bombarded with newspaper reporters inquiring about our Lease and our "tenant" Of course I played dumb.

Not really asking if its probable but just possible.Let say you find an apartment complex for $1M, look at the numbers, sounds like a reasonable play and you get it under agreement.

I will mail each individual three times over the course of three months (ok, so I only mail 900 a month...these aren't exact numbers!)

If you call people back some will claim they didn't call and others you will play phone tag with forever.

One would be to acquire individual properties from these GPs.