Well, I went on property radar and after looking at their pre foreclosure category, I soon found out most of their information was outdated. 

If you want to be a passive investor, you need capital, information and a network, but you don't need specific advantage in real estate.  

@Vinay Kumar more information needed. 

I would have been easy for you to find out about the information I got.I don't like to make anybody unhappy, especially unnecessarily so the easy way out would have been to spare my time and not post.

I have followed Bigger Pockets for a while and have thought about posting or getting involved in some way for too long.

Your post is missing important pieces :) 

However, this data is bound to change post purchase.

I mention this as I have seen some people want to sue companies because they were a sponsored affiliate on a website…Regarding the original post- expect 10-12% (I think latest I saw is avg is 11.5%) rate plus atleast one point for a 12 month loan.Bigger companies may take longer for approval and can be more flexible usually in down payment amounts.

Here's a post where I go into detail about DSCR loans as far as the importance of cash flow, credit scores and down payments: https://www.biggerpockets.com/forums/49/topics/1080147-refinance-rate-105Lender terms and fees vary widely.

A: I'd start by reading up on the previous 42,367 post's made this month asking "If/I have $_____, how should I start investing" and not assume post 42,368 would bring any radical earth moving change to the answers.