He is currently a travel PT that makes $37k pre-taxed but after including all his stipends, his annual earnings are  closer to $95k-$97k.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

It was great to get our heads in the game, and got us to move quicker to get a house (since we were basically forced to get a pre-approved loan in order to tour houses...).

I've bought a ton of homes pre-foreclosure and at auction, happy to be a resource on that stuff, plus we just launched Bid Pirate, which is the one place online for NH, where you can see all the upcoming foreclosure auctions in one spot - you can learn a lot from the regulars at the auctions........ get after it, sister!

Btw, I learned about this from a book about the career of Harold Helmsley (pre Leona!)

Speak with a local Realtor who knows the market, but also is knowledgeable about creative financing options.Good Investing...

The others are just pre-screened, not a full application so it's a bit harder to say "you don't meet criteria" because I don't actually have a verified income, credit history or background check - just what they've said in the prescreening questionnaire. 

The seller would need to include a clause saying what you CAN'T do, which is what a pre-payment penalty would address. 

I have spent decades buying pre foreclosures and foreclosures and some defaulted notes as well..

I did get my GC license which in Oregon is all law so it was simple test for me. so now here we sit 500 or so spec / pre solds later and well its been a wild ride..