That is how I get access to Pre-market REO properties.If you are getting access to Pre-market REO, how then can I as an investor establish a relationship with someone like you in order to gain this knowledge and seek the properties I am trying to get.

I think it's great that you are meeting up with the sellers to gain experience in negotiations and knowledge on how to compose a deal!  

I am really just out here trying to gain as much knowledge as possible before I jump in. 

2) What will you be gaining in equity each month?

Another benefit is that I can refi now while it's NOT a rental and get a lower rate (and more cash out), and I'll get a larger interest write-off with the larger loan amount, possibly offset by investment gains elsewhere.Just curious what others think of this, or what you would do in a similar situation.

Hello my name is Chasity, and I have joined this forum to gain information on how to go about getting into the real estate business.

I think I will try to start out wholesaling to gain capital, so if possible down the line when I start if you'd like to be on a cash buyers list to build up to that 20 mark let me know!

That may lower thier or postpone thier capital gains tax.

I want to pickup a second property, I am sold on the book, the method, I am learning so much. But I live in Seattle and houses are 600k. My current house is worth 650k, and I owe 404k on the loan. I don't have enough ...

They've both been great about answering questions.PS I think the answer re: cap gains will depend on whether you lived in the house.