Unless you have other source of income or large savings will be very difficult to invest in Real Estate..Banks will not lend to you and if you Partner up with someone what do you have to offer?

@Bo Kim I did not use a turn key company.

Hey that person keeps posting on say the Turn key threads.. do a check of them only to find out they are a marketing agent for turn key companies..

Other sources of funding are available such as private money (friends, family, etc) as well as HML but HML is generally short term, high rates meant for flipping and not buy and hold.

We hold your hand through the entire transaction.If I were a member of that monster big-name brokerage, I'd ask them whether they were seriously considering having "mom and pop" represent them in the biggest transaction of their lives.The key, at least in my opinion, is to figure out what your strengths are and promote those - but most of all, promote what you will do for your client.

As of 11/24/2017 I do not know what the status of their current loan is or how behind it is, but looking for what options I would have as far as approach to buy the property pre foreclosure as they still actively live there and the property has been recently updated and in great shape as a turn key investment.

Also, should I take the Income information from the MLS or do you think this is not a good source of information (please go to "income" in the above analysis)?

I rented out the first property 2500 including utility (as of now no cash flow, but property is appertaining estimated value 382,000 based on Zillow and other open sources).

Without question, Realtor referrals were the biggest source of business for me - still are.

Contracts are key.