In the program, it appears that you offer a Pre-Loan Application-- perhaps this is how the program is legal?

I am already have a good lender that has pre-approved me with a DSCR loan so all I need is to find the right market to invest in!

Properties are between $25K and $50K for a small apartment and at 10% yield net pre-tax you would get $250 to $500/month.

- Yes, it does take more time to schedule this:(--- Our FieldTechs do have sets of locks our locksmith has pre-keyed, so we can "rekey" a property faster.

A DSCR loan is going to require more down, have high fees at closing, a higher interest rate, a pre-payment penalty, and will require you to have cash reserves that you likely don't have at the moment.

Preforeclosure, Pre-Probate, tax liens are  OK -- however most seasoned and newbie investors are calling these leads as well and making offers.   

This destroys the credit of the original owner who can then sue the subto buyer.Another issue is if the subto seller claims they were taken advantage of by the subto buyer at a vulnerable time (pre-foreclosure) and an attorney or regulator raises the question of equity skimming.

I am pretty handy and have done plenty of restoration work myself and not afraid to put in some elbow grease. looking into real estate to get the wealth ball rolling but feel a little uneasy given the current state of the economy. what would you do in my shoes?! 

This is absolutely true . . . once the agent is rolling. 

@John BowensAre you loaning from a pre-tax 401K or did you convert to Roth and then loaning from there?