All Forum Posts by: Brad Wolken

Thanks, all. Christian, going as an observer is exactly the strategy I was going to use. I was talking to another painter in FL last week who said that in many instances (in certain parts of town) the homes have been completed cleaned out, including all the copper plumbing, wiring and anything else having any kind of value.

Is it usually the lender's lawyer getting the bid and the house becomes REO?

I think I will stay on top of different forums, and grow my confidence. I will begin looking at the foreclosure side of things, contacting the larger lenders (websites?) and going to the court house to look at the NOD's. I also want to learn about the hard money funding options since the banks probably won't like me or the type of properties with ills that my skills can cure. Suggestions?

I love reading your questions, Klyde. Here's an addendum question:

Any spreadsheets around for those of us who may not have the time to build our own?

Hi All, thanks to all the experienced folks spending their time here, sharing freely. What a refreshing world...

I'm a 20+ years into the finish trades, with time off to get a BS Business Admin, and two years teaching in China (where I learned to love tea). I've just spent two weeks re-habbing a relative's place on Marco Island, FL that has only whetted my appetite to apply my background to real estate deals.

I'm low on cash, but am willing to learn fast, work with tenants, and take a slow-as-you-go approach until I can speed thing up, like MikeOH. Looking for a partner in STL area who has the funds but doesn't want to get their hands roughened up...