Now I am now setting my eyes on investing in Ohio since it is doing great in the investor world and I am very familiar with the state, particularly the Cleveland area. 

The goal is to get in their world, see how they operate deals and follow their formula.

Find properties that are not listed on the MLS for the world to see, get them under contract, then assign the contract to an investor for a markup (but a list price that makes sense with the amount of repairs needed).This is not an easy job.

You can file a Chapter 13 which will protect your home and its a clean way out.When you file a CH.13 BK its not the end of the world it simply protects your home since its your homestead from foreclosure.

Eventually, I hope to use the knowledge I gain and the connections I make to take action and get started in the world of Real estate investing.

Hi all,I am new to the real estate world and my primary purpose in posting this is to introduce myself to fellow investors and agents in the area.

And as a former long-time Brooklynite, I have to wholeheartedly agree with @Frank Pulice -- there is a whole world out there across the Hudson. 

In a perfect world the property will need to hit an appraisal of 120k to hit 96k @70% for cash out refi. 

She is a nightmare and asks for the world. 

The complete lack of understanding is going to do some folks in.The world has a way of working; you reach, it'll teach.