I ended up calling the listing agents on my own and just involving my Realtor ( not the same one that responded late) at the end to fill out the proper paperwork.

Hello all, one of the things i am wondering as I contemplate how to prepare to get involved in the real estate game is getting a mortgage for an investment property while i already have a hefty home mortgage.

I guess my next question is when Fannie Mae goes to count loans involving Fannie Mae foreclosures do they count ones you already own ( i have 2) or do you need to purchase new foreclosures to get the fixed rate?

Get your mentor to partner with you on a deal, where you do all the work to acquire, rehab, stabilize, and manage it, and you split the profits.

Hey Joe Capobianco, I plan to stay involved.

Well, we are super happy to have you jump in and get involved.

I can see if you walk in and say I want to do sandwich lease-options, many will not want to get involved with you.If you can demonstrate knowledge, they will be more likely to work with you, if they see you don't have a clue, you may not be worth thier time teach you the legal issues and why.

8% percent is not bad at all with financing involved.

If I may suggest, narrow down your focus of what you plan to do and what the involvement would be for the investor.You may also want to seek employment with an old real estate investor in your area.

Easy to use with REO and other properties involving realtors.