I am looking for someone who can point me the right direction on buying NOTES from lenders.

I am somewhat familiar with the well known process similar to what Donna Bauer teaches/sells... What I am looking for is an alternative (not very well known) way of getting into properties at just a few pennies to the dollar. I am certain this can be done as I have met two people who do this for a living. Of course they were not very forth coming of thier process.

I will give an example of what one of them did (I would like to repeat this process if I can for trying buy up and get into a more comfortable home for my family).

There is a home across the street from me that was going into foreclosure, this person contacted the lender and was able to buy the two notes on the home (first note was 80k and second note 30k) He purchased the first NOTE for 7k, and the second for 3k. He then resold the home two days later for 75k (nice profit huh?) This was the second time in 6 months I had heard of this being done and described by the person who did it (they did not know each other and were in different area's of the country) I have approached old school realtors who have said it can be done... but it is a very specific process, and you need to know your stuff... I can only get a LITTLE information about it. I am looking for complete information about this. If anyone can point me the right direction in this PLEASE email me or pm me as soon as possible. My email is jp1@hushmail.com. I would be extremely greatful to anyone who can help me get this information as I am self employed and my business had taken a dump and I am trying to create a new income for my family. I am willing to offer whoever teaches me this method a certain percentage of all my profits for one year in payment... I know that may not seem too much incentive, so maybe out of the kindness in your heart you will take my offer and offer to teach as well.... thanks for your time.

HTR