The two living at home have saved up $30,000 and $10,000 (one is close to graduating the other just started) They have received grants and scholarships, and taken out no student loans.

@Anthony Ross About half of the homes on the MLS receive multiple offers these days.

Build a buffer of time and repair cost accounting.Additional infoWHOLESALINGlistingbook.com or equivalent serviceupdates via email bank owned properties, price changes within range, new lists at/below $50,000 (not worth $50k)Send realtor offers with number/house address… they send to banks.. maybe 1/10 accept an offerRealtor gets a contract for youYou go check out the property to ensure nothing is crazyYou may be prompted to put down a deposit about $1,000 (don’t have to)Check that the title is clearPlace the house back on the market “handyman special”, cheap, cash, phone, email) at least $10,000 more than your offer.. eventually you may build a ‘buyer’s list’Get the new buyer to sign the contract with the realtorTAX DELINQUENT PROPERTIESLocal assessor - contact for people with delinquent property tax records —> excel listSort excel for names, addresses, amount of taxes, taxes that are 2 years old (and older)Contact the owner via letter ‘im oliver, I see that your property is behind on taxes…’“Dear Mr.

@Rodney Reeves, For house hack, an excel is more than enough. 

This is obviously illegal because selling real estate for some on else and receiving a commission is not legal unless are are appropriately licensed broker or agent with a real estate company.

I bid on HUD home and the offer was accepted I am scheduled to have an inspector come out this Thursday but I just received and email that we can’t turn on the water.

The interface and general usability is EXCELLENT.

The new Money Show podcast is excellent as well.Good luck!

.- Now after 18 months of principle pay-down made by me, the goal is that they are no longer upside down and will actually get some additional cash at closing (beyond the $1K received upfront).

The LTV you receive on the refi will be dependent on multiple factors.