Given the amount involved you will need higher priced property or a few mid priced properties.I know a developer that did a deal where they sold a specific floor in a commercial building.

Hey Brian - I think you'll find that many opportunities open themselves up to you as you get more involved here.

If you are looking to get referrals from folks on the site, I recommend you start to get involved and contribute.

What type of REI are you involved In?

I know a lot of investors don't like the thought of going to boot camps and buying programs off of so called real estate guros.

I've got to give you credit, you are extremely involved in your site.

But in one program I had - Donald Trump real esate program - the instructor stated that he NEVER sold a property - he kept them all for residual income/passive income and net worth and constantly increasing value.

Investors and developpers are making money hand over fist.So I got involved.

and involved in some type of investing or anotherhere.

hello everyone, well anyway i'm a new investor and after some research i decided to focus on pre-foreclosures.well anyway i was told of a strategy that i could use that didn't involve the use of any of my money or credit and will allow me to actually retail these properties to end-buyers and not just wholesale them for a small profit to other investors, it sort of goes like this.1- locate and market to the people in pre-foreclosure, 2- once they contact me setup an appointment with them, 3- setup a land trust with them ( which they will be the beneficiaries and either me or a disinterested party the trustee)and have them sign a "warranty deed to trustee" doc which i will record at the my local court house, 4- also have them sign over there beneficiary interest to you which you'll store away for protection of problems that might come up in the future 5- start marketing the property as well as working on the short sale with there lender, 6- once i have my end-buyer (and hopefully my short sale is accepted in time) have my title company perform a double closing to pay off the first lender as well as myself, and to give the end-buyer clear title without any seasoning issues coming up (which i was told there has to be two separate HUD's, two separate escrow accts and etc)so my questions are: do i have all the steps down correctly or am i missing something?