To add to what Josh has said...If you waste too much time on a possible deal then you have nothing to show other than a lack of progress.

Don't waste your money theres gotta be better reads then this on foreclosures.

At the end of the conversation have a simple statement that if you provide a source to solve his current situation he will pay you 1%-2% of the value of the home or a set price. this is only to make your time pay for itself. you may have gottem an solid prospect on your first try but you need 10 or more prospects to get to sit in front of one.

Very good solid home, no problems.

Anyway, I know this is a RE investing forum so I won't waste anymore time discussing my personal problems.

I have spent around 16,000 on diferrent education and read lots of books only to read in the guru sections I was probably taken and wasted some reading time.

A bank can fund the deal if the numbers stack up and your credit is solid.

I used to be one of those people.Give us some real solid numbers on this house: PV, expected rent, any debt, current taxes etc.Oh, yeah, I just remembered, in CA if you show some phony baloney sales price your county assessor is going to be on you like ugly on an ape.

No,the seller pays.Lastly, be loyal to the agent you choose ,remember their time is on commission don't waste anyones time make a firm decision with whom you choose and I'm sure they will meet your needs.Build relationships in this business and you can go far.

I would guess that your strong background in the industry will provide you with a solid and knowledgable foundation for this next step in your life.