As Chris points out, private money is your only option. you cannot get conventional financing because you can't get anyone to issue a title policy on an active foreclosure.

This could make you run into issues for getting conventional financing and HELOCs.

I have a good full time w2 job so coming up with a down payment is not an issue.

Would I have any issues with the insurance company in case something happens?

I am worried that the house might have had foundation issues before it was flipped. 

Area has no issues with finding tenants.

There is such a supply and demand issue in many markets that low rates will drive prices higher.

Telelisting - Great for scrubbing to see if I can find a phone number based on an address.2.

Hi, All:I know this has been addressed in the past but I wanted to share my experience and get some feedback on others' interactions with Freedom Mentor.I've been seeking a mentor in REI for a while and have been watching Phil's videos on YouTube for years so I sought his 'mentorship' via his Freedom Mentor Program.

Put in a set amount at set intervals to minimize losses from buying at imopportune times.Hello James,Thanks for taking the time to respond to my post here - it's at least comforting to know that my Chicago market area isn't the only area facing this issue to the extent it has been.