Sometimes you have to do what you do not want to do short term to get where you want to get long term.

Check out my profile for more detail, but the short version is: I was a Realtor/Loan Officer in HI between 2004-2006, so I understand that aspect.

Unless you have a unique way of generating a higher return and can attract investor capital or are investing your own self-directed IRA and buying in cash (most current buyers/hence long horizon), it's going to be tough for you. 

I promise I'll try to make this introduction short! 

What you're talking about is a short sale.  

There are over 500 international companies in the upstate and IBM- PLI named South Carolina the number one state in the US for attracting jobs through foreign invstestment. 

Can't just look short term, have to look long and evaluate if such action(s) are going to help or hurt you. 

Contractors – A Short PrimerFirst, before I begin, let me reiterate that if you’re a first-time flipper you should not be doing anything more than a cosmetic flip for your first time.

So you'll need a few grand in reserve just in case)Also you'll want to have some savings for an emergency.So in short, depending on your area, you could start with as little as 5-10k depending on the price of your property.

I am also listening to the podcast, and will be networking here shortly at one the REI meetings I have signed up for.