Engelo help me find a GREAT lender to refi the duplex (about $49,500 @ $450 monthly, PITI), and Engelo's other partner Dominique helped me find an insurance companyHere’s my first duplex on youtube: (Engelo is a little hyper – I think to prevent hyperthermia, video was shot in January)https://www.youtube.com/watch?

I am happy that I did not let my fear prevent me from the purchase. 

Why do SEC regulations that "protect" the middle class also prevent them and allow only "accredited investors" (aka rich people) the ability to invest in private investment opportunities?

-Jason There are lots of motivated sellers with all different types.Back taxes will contain lots of motivated sellers, because they now have a lien against the property that will prevent them from selling conventionally. 

It does not require lawyers and is a common remedy for chasing tenant debt.If they are responsible individuals a small claims charge on there records will prevent them from getting loans, buying anything on credit or time payments etc.

If they were that easy to predict #1 they wouldn't happen (interventions would prevent them) and #2 there'd be a LOT more rich people as billions would be available for those that could market time.

Perform a quick cost analysis on the eviction process to see just how much it will cost you, then offer cash to prevent the time/revenue lost.

@Dmitriy Pukhov,You don't necessarily have to pay off the first, but you do become responsible for the payments to prevent foreclosure.

They promised them a 0 down loan, took a hefty nonrefundable EDM and then prevented the loan from closing. 

Nor would I be able to pay all-cash.2) Lack of ability to pay all-cash on a property would prevent me from purchasing from a wholesaler.So, does this mean that in order to get started I should be working with an agent going through MLS or as a first-time purchase is it feasible to still work with a wholesaler to get an off-market deal.