Thankfully our PC is basically concierge taking cash per visit as did the last specialist we had to consult with.My NY State BIL is a self employed consultant & he has been going through a nightmare with significantly inflated premiums through the group he is involved with.

But if there was a legitimate licensed agent (in any state) involved, it is either being listed by agreement with the seller, who is in trouble, or the bank has done their process, the bank owns it, and they can list it with whomever they please - usually a agency they regularly do business with.Either way, there are several scenarios where a 'foreclosure' would be listed and shown by a licensed agent.

There is some up-front cash involved, but saving a ton in expenses if that's what's needed to give them some peace of mind going forward, and all the cash is "returned" through no payments for the first 12 months after move-in..

But again, if bought at Trustee sales, no realtor would be involved (priceless)

There's a lot more involved in being a successful investor than simply looking at online ads.Good Luck,Mike

Would I be better off reading up a lot and starting my business after college make more sense, than perhaps getting involved in an MBA program?

So if you have 1031 in mind as the exit strategy for the property you are buying right now that involves other partners, how would you structure the deal so you can take your share to do 1031 exchange when the property is sold?

You would not be involved, other than helping them know what to do.

I would GREATLY appreciate any, or all advice that you can give me as I have never been involved in this type of transaction, and I have to move quickly on this.TIArobbfrommt

Then, have that judgment recorded against the people involved and reported to the credit agencies.