Hi Colin,Great to see you diving into real estate!

Quote from @David Sotomayor: Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify.

Quote from @Chris Seveney: Quote from @Robert Adams: As we move into February, the Las Vegas real estate market is showing positive signs of recovery after the holidays and the conclusion of the presidential election cycle.

It's still possible to BRRRR now, but the deal has to be muuuccchhh better and those are just much harder to find.People are still making it work in real estate though, primarily by getting more creative and often needing to add even more value to make the numbers work.

I’m drawn to real estate not just for financial freedom but to build a legacy for my family while contributing positively to communities.

I'd suggest connecting with a Real Estate Attorney, and going from there. 

Real estate loans to owner occupied properties where the business of the owner is closed down - or SHOULD be, and the owner needs some time to sell the property.  

It's a good idea to spend a couple of hundred dollars to meet with a real estate attorney or foreclosure attorney and go over what you can and what you can't do in the state you want to buy foreclosures in.For clarity, there are stages to foreclosure.

However, in judicial foreclosure states such as NY, NJ, FL, IL, IN, OH, PA and the others, the preREO strategy can be very helpful.

That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.