I don't get it much eaiser ways to make money than buying a couple rentals that just barely make any money and never really go up in value.in reality you will lose money big time at the exit if they don't appreciate in a meaningful way over time. 

$500,000 @ 6% = $30,000 in so called "earned" real estate commission to have a realtor list a property in the MLS and another realtor reading off the same Menu, bring a buyer and extract that much in Tax Free Home Equity?     

He uses it in his trade (rock extraction). 

It's an all cash deal and we chose to use Seller's title, so all we had to do is wait for the title to be cleared.The seller's closing agent (let's call her MDM) started to follow up on this case with only two days left before the closing date (7/20/2018), which is too late to do any meaningful title work.

@John Reynolds  Hard to add anymore meaningful comments, but I hope you can see from all the other responses that people in the HFF community are very serious and very committed to making real progress. 

Zip codes are not very meaningful in Indianapolis.

you have to be buying low enough, so that even $15k in repairs will allow you to extract your cash back at 70-80% ltv on the refi. quadruple check your arv and make sure market conditions allow for continued trends. 

And, without a living owner, I don't see how you could buy it in pre-foreclosure subject to the existing loan.I think you'll have to wait until it comes back to the bank as an REO, assuming no one grabs it at the courthouse steps.One last idea: If it's a viable fix-and-flip, you might be able to get a cash buyer interested in bidding at auction, with you extracting a finder's fee for bringing the deal to their attention.

Anyone who wants money before evaluating your loan/deal should be avoided like the plague.If you attend COREE, seek out @Seth Hayes, at one of the outside tables, he's legit, and he can help answer some questions for you. well the lady who owns do hard money keeps getting on here saying they no longer require the 3k or 5k up front but remember your dealing with very good Utah based fulfillment companies and back end sales folks those are some of the best in the business at extracting mentor and education type monies from folks I have been to many of the fulfillment companies there.. and they are pros no doubt.. local is always best for HML.. your local HML is going to know the neighborhoods much better and not rely on some appraiser they hire .. 

My name is Jon Khalil, and I am a 21 year old aspiring real estate investor based in the Orange County area.I am new to the community here and am looking to create meaningful, and long lasting relationships with other professionals in the Real Estate industry.