I doubt very much can get passed the BP community here.

I have doubts about legality of such agreement since I am not a Realtor who can get paid for finding the buyer.Your input is appreciated.Thank you!

Yes, properties values have dropped a lot but I doubt it has lost more than half its value and thus a 250-300k BPO sounds a least semi realistic to me.

I have a family memeber who has said they would provide some funding, but we havn't talked details at all and I doubt they would give me enough for a down payment and any rehab costs.

I'd like to get some feedback on my approach to the REI game...Right now I'm looking at getting into a few single family units because of great pricing and later look to sell those (or keep if there's enough cash flow) and get into multi family units...My reasoning is this... right now I'm seeing homes for extremely low pricing and have yet to find 1 multi family unit that I can get into for the cost of 3 homes and I doubt very seriously that I would ever...Should I put together a little more investment and wait for the right multi or jump on the singles while I can?

Vinyl OR cement board is a superior siding!!

Hi, Alan and all have some good suggestions, but IMO, I doubt you will find it profitable concentrating on FSBOs, at least when they are new on the market.

No, not in this hard as cement ground.

For your SFR, I would seriously doubt you would want to sell on a cash flow basis.

I doubt that you can get out of the rat race by wholesaling.