No lenders on this database, follow instructions provided in resource to define a lender.https://www.biggerpockets.com/blogs/7704/48421-3-secrets-everyone-needs-to-know-about-using-a-203k-loan---its-easy

I think it's horrible advice to instruct newbies to find a deal without getting financing on their first deal but that's what the industry teaches and it never made sense to me.

Shells and instruction available at the event.

& Regs. r. 520-1-.07Legal/Regulatory Action: Rule(link is external)The Georgia Real Estate Commission has identified the following tasks that unlicensed support personnel may perform:Answer the phone, forward calls to the licensee;Submit data in listings to a MLS;Follow up on loan commitments after the negotiation of the contract;Gather the necessary documents for a closing;Secure public information documents from a courthouse or other public sources;Have keys made for listings;Install or remove lock boxes from listings;Create ads and promotional materials that are to be approved by the licensee;Place ads in newspapers, magazines and other publications as instructed by the real estate agent;Receive, record and make deposits – security deposits, earnest money, advance rents;Fill in contract forms following the instructions of the licensee;Monitor license reports and personnel files;Compute commission checks;Place and remove signs on/from properties;Order routine repair works as instructed by the agents;Pick up and deliver documents and keys;Schedule appointments on behalf of the licensee;Schedule inspections on properties;Schedule the dates for the mortgage application, the walkthrough before closing and the closing;Schedule an open house;Accompany a licensee to an open house or a showing only for security purposes;Perform maintenance works on properties.The Commission has identified the following tasks as some of the activities that unlicensed support personnel shall not perform:Make cold calls or otherwise contact the public for the purpose of securing prospects for listings, leasing, sales, exchanges, or property management of real estateHost open houses, kiosks, home show booths, or fairsPrepare promotional materials/advertisements without the review and approval of an affiliated licensee and firmShow real estateAnswer any questions on title, financing, or closings (other than the time and place)Answer any questions regarding a listing except for information on price and amenities expressly authorized in writing by the licensee;Discuss or explain a contract, listing, lease, agreement, or other real estate document with anyone outside the firm;Discuss the attributes or amenities of real estate, under any circumstances, with a prospective purchaser or lessee;Collect or hold deposit monies, rent, other monies or anything of value received from the owner of real estate or from a prospective purchaser or lessee.Discuss with the owner of the real estate, the terms and conditions of the real estate offered for sale or lease;Collect or hold deposit monies, rent, other monies, or anything of value received from the owner of real estate or from a prospective purchaser or lessee;Provide owners of real estate or prospective purchasers or lessees with any advice, recommendations or suggestions as to the sale, purchase, exchange, or leasing of real estate that is listed, to be listed, or currently available for sale or lease. 

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Hi everyone, I thought that it would be instructive to resurrect this thread and give a followup of this investment that I made 5 years ago!

I've done that for some things, such as giving the tenant a new cutting board at move-in and having instructions in the property rules about proper use of cutting boards and care of counter tops.

The other 150,000 is forgiven or they will go after the former owner if they are allowed to by federal and also state law.If you are buying at the foreclosure auction the starting bid price is whatever the lender or bank instructs their attorney to start out at.

Trying to avoid unnecessary charges.I have received some instruction to call around to banks and give NOI, Location, etc. and get an idea on Cap Rate to see if I'm close.Does anybody else have any suggestions as to how I can get a good evaluation and decide which route to pursue??

A good instructor will put all the pieces in one place and give you step by step instructions on how to do it successfully.