What you say makes a lot of sense.There are so many nuances as to how to get into REI I think your fairly simple approach should work well and give me time to do the research as I ease into this.

Marcello- You stated you've already done some good research on your area, so I'll start with that.I disagree with the comment from David 110%!

Be straight forward and honest and let them know you are doing research on what to expect and ask their advice on pitfalls to avoid getting started.Any other time spent worrying about market share is wasted energy in my opinion.

The only problem is the more I did research the more I realized that I pretty much don't have the means to pursue the actual properties and obtain the deeds.

Or better yet find someone who has any personal experience with the COB Sale, or anyone who may be interested in a joint venture.As I understand it these properties will be sold free of any outstanding liens, for the greater of 20% or $500 down and the balance due approximately 6 weeks later.I have completed some research/due diligence on the properties that are in the neighborhoods that I am most familiar with and there looks to be some nice ones still on the list (owners have until the last week in Sept. to petition the City to remove their property from the list).Things that I have completed in researching the properties have been:•Current owner(s)•Property class•Tax Value•Last sale price & date•Drive-by/visual inspectionIs there anything else that I should consider trying to determine before the sale?

Thanks, I have done some research on both companies.Brookview is a broker who wants you to pay them 295 to find and investor.

My partner and I been research and thought we had a few deals, but the sellers went cold on us.

I've also heard of having the seller deed you the property before the closing, but I haven't researched much on that subject.

Do your research, let em hang and make some offers.

Some owner finance is happening to almost every deal these days in the commercial realm unless they are buying on a low basis with all cash.2 viewsBuyer wants to pay nothing and owner financeSeller wants a fantasy price and wants all cashSomewhere in the middle lies reality.When I do owner finance deals from sellers they can research me.I am plastered all over the internet.If something goes wrong my credibility goes down the tubes.The problem with many investors wanting owner financing is they don't sell themselves correctly to the sellers.If you as a buyer have no money,no credit etc. you will appear weak to a seller.If you are a qualified buyer but just want owner finance then the seller might be open to it when they see what you will guarantee on the loan and what kind of credit and reserves you have.