I would work extra hard to make sure you are prepared and have a plan.

I don't want to be an agent but I do feel like I can use the extra knowledge.

(and maybe an extra $95 too)

., here is just one of hundreds of previous threads about wholesaling REO's:- https://www.biggerpockets.com/forums/93/topics/150...Basically, you will need to jump through lots of extra hoops if you want to go the "Land Trust" or "LLC transfer" route.

I've always been interested in real estate as my dad was a general contractor for almost 30 years (I spent many a sick day, summer vacation, or earning a few extra bucks on the job site with him) and my grandfather before him built large commercial structures.

Hi everyone, I am excited to network with other professionals around the world and share experiences in real estate and gain extra knowledge!

Hi everyone, I am excited to network with other professionals around the world and share experiences in real estate and gain extra knowledge!

The FHA-insured 203(k) loan is provided through approved lenders nationwide and is available to owners who will occupy the home themselves.There is a lot of extra paperwork and coordinating with the lender and contractor.I have found contractors and lenders who hopefully have enough experience to get through the process smoothly.I'm now looking for an  RE agent in Tampa who has done a few. 

In other words it will be a lot of extra work just for the benefit of knowing it.

I am looking to purchase a home through auction for my family and I and the details are as follows:Wells holds the lien and there are no junior or other outstanding liens.It was established in 2011 at 175k and the property owner stopped paying over the summer so I think it's in the 161k range for what's left on the mortgage.In talking to Wells they said that they were not listing the property for auction but the owner was... yet Auction.com lists this as a foreclosure property.My father would partner with me on the cash for this deal until I can grab my traditional financing but he is worried about being on the hook for more than we expect.If I have checked with my recorder of deeds for any extra liens or overdue taxes, sewer bills, etc, can I be on the hook for anything more than my bid price if I win?