I don't have any work experience in Real Estate but I have 6 years of Cake Decorating experience, so if I need to I will offer a cake in my negotiations :)  I am a new investor with big dreams to make real estate investing my full time career, I am stay home mom of a two year old boy and a undergraduate part-time student.

A couple of weeks later, I found out that the auction was actually for a second mortgage and that the primary lien holder was now foreclosing against the guy I lost to. I

The one thing that I will take exception to is that because you have "no" money in the deal, you do not have "skin" in the game.

.:)What all this comes down to is that you want to offer what your target audience expects.

Also; No homes like this have sold recently (last identical home $365k 2014) and there are 500 NOD and foreclosure properties nearby.If I can pay past due on loan and take property subject-to I can use the property or rent the property.For my wife's business, fine property on a street with similar fine properties.

@Allen Maris Hey Allen thanks for replying man, wow not a dime at closing sweet heh to be honest im hoping hawaii is the same way to, i believe it will help me when i'm talking with the seller/ homeowner about the prices.Thanks again man-Vick 

That makes it important to know your values and have sufficient additional funds on hand to use this technique to do a rate/term refinance immediately.One thing to pay attention to is the title commitment.

I already know some realtors in great bend kansas I was looki,g at a house for 49,000 but knowbody will help me out so to I reside in Pennsylvania and my credit is to low for a home loan so I was wondering who can I turn to for loan to get this done because I ask around everyone says without going thru a bank it's going to be hard

The resort im referring to is in the caribbean.

@Larry Smet    I know I did I was going to make another post and mention that but forgot toI owned a couple place's in Kelowna BC and love it up there and when I am in the desert I see many BC and especially Alberta plates I almost bought development in fort MacMurray about 12 years ago.