They have more skin in the game then you do.Make sure you get clear title.

In my case it has played out over 15 years.I bought this house over a decade ago and live in it with the plan of eventually renting it out.

As a young man, trying to get in the game of real estate I do need help.

Would you investors even waste your time with such a discounted offer or is that just part of the numbers game?

And with a good tenant buyer that is willing to pay in a little extra per month toward the down payment, you can get them to work... and ultimately collect your profit on the backend, or on the second and third lease option tenants if that plays out.The clear advantage of going this way is... if you dont find a "GOOD" lease option buyer, you are not obligated to the sellers... just let the bank take it like they were going to anyway.Pre-foreclosure lists are easy to find, and because getting a short sale completed is a numbers game there are often many sellers in that niche that could not get the short sale done, and are going to walk... you can cut your teeth on those until you get your system fine tuned.On a side note... the other way to go is to get a mailing list of absentee owners from your county tax rolls, or realquest.com.

AS you can see, Im lost and would like advice on the best way to go, I would like to make alot of money, but i also want to play it safe too.Or is this even a good deal?

This should be in the off-topic forum.That said, I play FXI (NYSE) against FXP (AMEX).Both are Exchange Traded Funds (ETF's) tied to the FTSE/Xinhua China 25 Index.

This kind of leverage is not for the faint of heart, but if you're in it to win it, you have to play big.

A short sale is only one of six loss mitigation options, and playing the pre-foreclosure game successfully requires a working understanding of the other five.

The combination of a marketing expert Richard Roop and a negotiations/sales expert Dan Doran, and inner game expert Willie Hooks make their products/bootcamps/coaching the best.They offer tons of free materials that give lots of value content Warning, if you get their free information you willl see how much you can optimize your business and how much more profits you could be making.Disclosure: I am an affiliate of theirs.