I am not someone who just wants to make a quick buck, I understand the work that is required for such investment plans and I also have done my homework and essentially know everything that needs to be done in the process of buying a home in foreclosure.All I need to know now is how likely will it be that a lender allows me to assume a loan as a 19 year old college student that has "normal" credit (I just have one credit card, on which I've always made timely payments), and if that is impossible, if there is any way that I can have my dad assume the loan while I do all the "work" to buy the property and re-sell it.

IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter credit, tumbling home prices and rising foreclosures.The bank is the largest regulated thrift to fail and the second largest financial institution to close in U.S. history, regulators said.Yahoo FinanceIn the biggest bank failure of the housing downturn to date, federal banking regulators today closed IndyMac Bank FSB, naming the Federal Deposit Insurance Corp. as conservator.The FDIC said it will transfer insured deposits and "substantially all the assets" of IndyMac Bank, to a newly created successor, IndyMac Federal Bank, which will be operated by the FDIC.Insured depositors and borrowers will automatically become customers of IndyMac Federal, FSB and will continue to have uninterrupted customer service and access to their funds by ATM, debit cards and writing checks.

I've got to assume this info is out there somewhere.It might be a great way to follow a major company into a market when looking to buy rentals.I ask this because when I used to work for Fidelity I knew a big move to Texas was in the cards about 1.5 years before the move.

I heard suggestions like putting notes in your Christmas cards that you had started real estate investing... the occasional post on Facebook... dropping hints that you are an active (though you aren't yet) real estate investor... gets them thinking about real estate when they see your success... gets them to start asking themselves questions about how they too could be successful...

At least for the SFRs I invest in, I find the Zillow Rent Estimate to be fairly accurate as well.The Padmapper web site that scrapes rental ads on CL is also something to look at.

No need to spend money on books if you get a library card!

What does that work out to be per post card total?

Bought my first flip by cash-advancing a stack of credit cards (that I somehow managed to qualify for by returning "pre-approved" offers that came in the mail) using the money for $1,500 walking money for the seller plus fix-up costs, taking the property subject-to.

I was trying to show with windows open because the windows are brand new and I think they look nice.Popcorn ceilings have been scraped.  

This forced me to in fact buy cash, but now I can fix my credit and come Jan 2015, be able to get mortgages for investment properties.I urge everyone with little, no, or poor credit history to 1) try and bump up any limits on pre existing credit cards. 2) try and open another card if you only have 1-2 cards (especially if you only have 1 card.) 3) try and use no more than 30-40% of each card's limit