from my understanding, u cannot have been on title for 3 years to be considered a first time homebuyer. in your case, you are still on title on a property and therefor not a first time home buyer.

Ur saying that I should offer $105k or are u talking about the comp prices I gave u?..

This could get interesting...https://www.wsj.com/articles/u-s-pursues-one-of-the-biggest-mortgage-fraud-probes-since-the-financial-crisis-1534357872?

If so, can u share ur experience?

Hi,
I am new to real estate, exploring all avenues. I have seen information about wholesale, is it legit or should I just focus on selling real estate? anyone have any advice on getting into commercial real estate?
Th...

In my opinion those guru programs give you some info but u will really learn the most when u get started.

you may want to seriously consider syndication.. let the pro's do the heavy lifting.. you make as much if not more with their expertise if U truly want to be passive.. and since your a mortgage banker or Licensed lender being the bank is a GREAT play..

sometimes deals don't close.. also run title before you resell.. if it was me given potential life threatening deal I would just pass .. maybe it goes to foreclosure and U buy it at the sherrifs sale since U already know about it.. 

Anything else u want to add feel free but watch rental regs.

Pay off your Mom... if she wants to go in on the next deal great but let that be her choice after u pay her back..