The forumn is an invaluable source of free information.

That 1/30 has been about my results so far from other lead sources so that could be a lot higher or lower...so far 27 leads, no deals yet.

There are other private sources out there, but they usually want a better LTV than the bank..From what I understand, VA loans are for owner-occupants only.I was also unclear when you said "buy and hold at least until summer for a bigger profit".

In order to borrow, you will either have to obtain an administrator loan upon opening probate from a private money source (and at presumably higher rates and cost) or complete probate in order to clear title and vest in your name to obtain bank financing.I have no idea what rates or terms to expect on a non-owner occupied rental.

The library of articles that are available, are another good source of good info, as well as participating.

If you're sure that the tenant can't gather that amount (even over some number of months), then you only have one source of money for the repairs.

Thinking of purchasing Larry Goins' course, but in the meantime (since his course only offers sources of transactional funding, I want to start investigating on my own.I am a Realtor.

Best source to buy leads?

That is my primary source of income for last two years.

Luckily it only blew off the cover and didn't damage anything else (and wasn't connected to a water source!)