I've been listening to the podcast and reading the blog for a few months now and finally jumped into the community.I actually "house-hacked" 10 years ago when I bought a two-family while in grad school despite my parents urging me to do a "safer" single-family.

Once you find a property and finalize the deal, they will likely verify your income, credit, etc... to be sure nothing changed drastically. 

Hi all!I am Michael Whitener from Temple, Tx. about 60 miles north of Austin. I have been a bathtub and counter top refinisher for 13 years now. I have also repaired almost everything in a home. i only avoid major ele...

Finally contacted the listing agent saying what the heck and the next day the auction website let us put a PA on it since we had been the highest bidder in 8 months. 

This site is great and I finally decided to come out of the shadows and become a member. 

Then the HUD will probably do a best and final with the top 2-5 bidders in each area.  

@Bob Malecki nailed one of easiest and most straightforward methods early in the thread, i.e., form a business entity with other experienced note investors, pool your funds and buy some notes.If you want to leverage funds from passive investors who will not be actively involved in the selection and management of assets, the proper way to do it is to form a 506 reg D fund.  

You'll go broke waiting for the day that Detroit finally turns around.

I've actually found a little soft spot in my heart for the RE agents that just come right out and say "I don't work with investors" because it at least saves me the time and energy.Now having said that - I had to make TONS of calls and send a bunch of emails but I finally found an agent that does nothing more than work with investors and I'm stoked that the hunt finally paid off.And guess where I found that agent at?  

I've been busy the last couple months, and finally got all my ducks in a row.