Eventhogh it was going to cost me it felt like I had won the lottery.

The last rental I did was an reo and I used traditional financing. 

That said, this alternative to traditional financing is typically more expensive and requires repayment or refinancing into a traditional loan in as little as five years.

Traditional banks will not lend to someone without a social security number, that is as far as I know.

We chose to use a turnkey provider because it's a lot less work than doing a traditional purchase using an agent.

You can buy one lottery ticket and win a million dollars but just because it is possible doesn't mean it is a good business model.I wish I had started in Real Estate when I was your age.

But it does seem like a possible way to buy with little money down..I wonder if the process would be easier than buying a traditional REO with financing as the financing in this case is provided by the seller.

I compiled a bunch of excerpts for my blog, was wondering if there were any reactionsHow much does your traditional real estate agent make?

The income produced from the asset alone will not be enough.This of course assumes we are speaking about traditional financing and not any creative strategies.

If the owner won't talk to you, it's over, at least as far as a traditional sale is concerned.