Multiple Liens

I have just picked up a client that has a new house (no repairs needed) 3years old. they have 2 mortgages, both with the same mortgage company
1st – $119,000 – ARM @ 13.75 tops out at over 16%
2nd – $ 21,000 – 9% fixed

what is the best aproach with this company to negoticate a short with the 2nd, and possibly the 1st, without tipping them off that they have both?

50% LTV Deal

When I locate a house and the sales price is 1/2 of the market, How do I approach the seller?? When I use an agent I would look up the cma and show the seller what they could start asking.

Starting A Foreclosure Business

I would like to get started in real estate investing and would like to do it with foreclosure homes. Can I start a foreclosure company, how do I do it or is there even any such animal?

Thank you.

Where can I Get Paul’s products?

Hi Paul. I was at one of your workshops in Phoenix AZ at the AZREIA office. I remember you giving out portions of your educational material at the workshop. What most interested me was the CD’s with scripted dialog on what to say to the owners when you’re inside the house. Can you tell me how to get that?