While I am building my cash position ( not an accredited investor yet ) but I would like to get started in the RE market.

I would suggest to take a HELOC on your primary residence in first or 2nd lien position, it's much easier than getting a loan on investment property.

A lot of these threads will also include feedback from experienced investors. 

Hi @Sarah Godil - I don't know your market, but typically I've found that the best advice is just to sit tight in your position.

Jon, thanks for your  feedback.

Brendan Harrison Listing agreements are contractual arrangements between the listing agent and the seller...The seller pays the commission, so if you don't use an agent it doesn't improve your position.

If I am able to assist my family and friends recover STRATEGICALLY I am definitely up for the job.I appreciate all of the feedback.

Our goal is to obviously have good positive cash flow, to re-invest in more property.

As a agent I look at the comps and I'm almost positive its worth at lease $380k- $400k. 

My thought is I can buy the raw land, and sell it back to the owner of the main parcel, who recently purchased it from a bank as an REO.The property has access to a main road without going through the other parcel, but is currently behind a contiguous fence from the other parcel.Does this strategy make sense, or am I putting myself in a poor position by doing this.