Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

Ok ok ok... Can anybody please explain the owner financing strategy? I thought it was basically identical to subject-to, but I see it can get a bit more complex when the owner creates an interest rate. Can someone plae break down owner financing? Much appreciation.

Ok ok ok... Can someone please run down how the owner financing strategy works, please? I thought it was like subject-to, but apparently it's more complexed once the owner makes up an interest rate. Can someone please break it down for us newbies so it can forever be broken? Much appreciation.

i am planning on wholesaling this property. I am planning on locking it down today this afternoon, and assign it to an end buyer for 2,000. I went to see the property and I was not sure how much the repair values might be so I called in a floor guy and a contractor to get an estamate, but then the seller told me that the property has a lien on the home. The property was owned by her mother, but went to nursing home five years ago. She passed away three years ago, but since the state had to pay for her mother to stay in the nursing, she is now stuck with paying the debt under this property. She is selling it for 35,000, which is more than what she owes.

So I've talked to this realtor today and explained to him what i want done with the 25/1 strategy and he was all for it. However, he is suggesting that I have proof of funds to show the sellers or my offers would be dead from the beginning. So basically he is telling me that he won't submit a offer unless he has proof of funds with ever last one of them. Has anyone else came across this problem? Is this usually how it is or do i need to continue to search for the right realtor who understands and don't care about proof of funds.I mean i don't know to many buyers who would put up proof of funds if they don't know if they are getting the property are not. Any advice would be greatly appreciated!

what is the first procedure in buying a property on a short sale? i am new at this and have a seller that is willing to sell his house on a short sale.the property is in pre foreclosure. please help.thanks in advance.

I just got this article, fire sale? I understand its meaning. share with you guys.
---------------------------------------------------
http://www.irealtytimes.com/articles/2304/20120417/california-mansion-fi...

------------------------------------------
what can we see the California market?

It has 17 bathrooms, a 17-car garage, marbled floors, gold leaf ceilings, a vineyard, horse stables, tennis courts and a lake - and occupies the largest parcel of residential real estate on southern California's exclusive Newport Coast.

Hi everybody,

I have found some potentially great deals which are pre-foreclosures with small amounts of defaults and large FMV. I need to "qualify" the present owners (e.g. are they going through a divorce, being laid off etc.), but do not know how to get this call started and all key questions to ask.

Does anyone have script, sample set of questions, sample objections, any hostile rebuttals etc.

I am just out of the three day training, am very green and VERY excited.

Thank you.

I Just Purchased A LLC From Legalzoom I'm Waiting on it to be Proceed & Approved & Mailed to me can't wait.

I got the list from my agent, I have filtered them, chose 17, where I made the offer 0.70.
Now my agent is asking for proof of founds.
What should I say, do?
Thanks
Zsuzsa

When calling agencies do I ask or look for an agent that wants to work with a newbie wholesaler? Leave the newbie part out and act like an experienced pro? Or do I just look for an agent and leave the wholesaling part out? please help Im ready to get started!!