I've been reading over the site information and the forum and excited to jump into the discussions.I run an online business and live in Vancouver, BC.

And @Wayne Brooks dont get me wrong, all realtors dont do a reckless job regarding low equity and negative equity listings.Short Sale Success is a maybe with the lender, with incredible delays, and the ramifications of doing short sales can be seriously detrimental.BTW, I love CCIM Commercial Realtors, its a demanding designation to earn, and should be sought out doing commercial deals.

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Since it sounds like you are in the process of learning before jumping out there to make deal why dont try being a bird dog earn a some cash for giving referrals and learn from your mentor at the same time.

BUT, it's up for online auction.

I would offer it up as funding for someones "amazing" deal who needed some funding help (I would probably factor it as the total amount 50K would buy me so call it 300K, 400K, what ever).I would charge a handsome lions share, thats about the maximum leverage I can think of..... should earn about 20K-35K if done correctly.

You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile.

For me I think it would be more about helping to cover costs for my own use and less about actually making a solid rental earning on it.

Laywer, online or any other options.

I have always been interested in real estate, but was discouraged during the economic downturn and lack of education about real estate investing.I want to begin with earned income methods to pay off some debt, then use the money from earned income methods to fund passive income methods.I look forward to networking and learning from all of you!!