I've come to realization that in this game of being a real estate investor that one must sometimes be willing to make(what at the time may seem big)small sacrifices in order to succeed. For many of us here 'money' is a very scarce thing that we can afford to use towards our investing careers. A lot of us have a very tight budget that we need to stick to in order to make it from week to week. We have family to support and take care of as well as bills the endlessly roll in from out of nowhere.

The Obama Administration and the Treasury Department have made some recent modifications to the Home Affordable Short Sale/DIL Program that address the specific procedure used to handle short sales.

They are requiring that lenders and servicers use uniform documentation, preapproved short sale terms and accelerated turnaround times, the plan also provides financial incentives for key players:

There are a lot of social networking websites on the web these days. The best things is that they are free and anyone can join. I have found numerous different types of clubs over the last year that have tapped into pretty much any area of real estate, investing, and finance.

The one I recently stubbled upon was self directed IRA groups. I have joined a few and I have found that they are a great place to network and find money partners. Why? They have cash sitting in their IRA's that they are looking to invest and make a great return.

What an absolute THRILL to have wrote those two words! FIRST DEAL! LOL!! I feel all tingly! LOL!

Ok here is the deal. We have a couple of friends who are looking to buy their first home. They are both extremely busy with work, school, family, friends etc... The little bit of house shopping they have done already has them groaning and wondering how in the world are they to do this while juggling everything else on their plates.

Here is how to build a list of buyers ultra fast and systemetize a growing list of buyers.

Okay, go to the HUD website for your state. The HUD's website link: http://www.hud.gov/homes/

1. Now find the Bid Statistics section hyperlink and select your city. Hit the search button.

2. Now you are looking at the HUD homes autioned off or still available. You want to find homes that have had offers accepted. Take down or copy and paste the address and date into your tentative buyer's list.