Depending on the state the foreclosure could take months.

. - along with inconsistent incomeTo be honest this person should not be investing in real estate and focus their time and energy on getting a stable w2 or income and get their credit cleaned up first

Are you looking for tax breaks and using real estate to offset income? 

Many who see “owe I can buy or invest as a note” will immediately assume it’s backed by real estateThat is not always the case.

Hi, yes Ohio is a place that people are interested in investing in real estate.

Whether I agreed to it would depend on what the commission is, what is the likelihood of the tenant moving, and the ease of re-renting the place. 

The real kick in the pants is that EVEN IF the doomsday scenario occurred, since the price point is so low the property would still cash flow as a SFR - but the underwriters don't want to hear that. 

@Roman M. you're saying a community bank won't loan against a note secured by real estate?

Would love to hear the experiences of other people if having received any grant funding for acquiring and or rehabilitating real estate property, and how you were able to do that.Best

I used Jake Maines, Real estate agent in the area.