Becoming an Agent sounds like a good idea, but is that a career you want to do?

Purchase price: $100,000 Cash invested: $30,000Property is valued around $315kForeclosure purchased from bankNo renovations since 1978What made you interested in investing in this type of deal?

Following is the scenario. 

I don't know anything about LA, but is this a property (or area) that would interest you? 

This  is wonderful.

Bigger Pockets is a great place for education and networking. 

This is not a legitimate business or lender.Be careful and happy investing! 

Dunmore is excellent too.  

@Jared Basker, your best route is probably to sell your current home to your parents at FMV.

Your best bet is to find one that has flexible membership options, without high spend requirements.