lolWelcome to BP Nation!

It lacks a lot of the intensive institutional real estate pressures that S Fl and to a lessor degree Orlando and Tampa face (remember...the hedge funds dumped billions in the Tampa market when it was in the toilet.  

US cities populationsCongrats, BP Nation!

I'm starting out with next to nothing and I need to make a living while I learn the rules of investing so I'm studying hard to be an agent and hang my license under either a local brokerage (Georgetown Realty) or the ...

Wish me luck BP nation.

Welcome to BP Nation, @Michiel HartWishing you the best!

As to catching up on payments, that can be done, but taking title is another issue because that property is now on the lender's radar screen and there is the due-on-sale clause to contend with.Now, if you limit these foreclosure hunts to private foreclosures, some private lender who is not an insured institution, then you might avoid some pitfalls, but still, not all.And, actually, foreclosures are not the goldmine most think, usually there is little equity after all costs.  

I am soooo nervous for the State exam (National and State portions).

Basically I'm looking to hear from anyone has experience in the strategy of using private money to buy a property with no money down and then refinancing through another institution..

to see what rent is being asked in the area.Unless you are close (walking distance) to the university - or, perhaps, another large institution or employer - I would be cautious about operation as a rooming house.