There is a property near where i live that I think can get owner to sale to me to be rehabbed and there is someone who wants to buy it after it rehabbed. so how do I go about setting things up?

@Mas YoshidaWhen I have run our numbers, where we are getting about 1-1.25% of sale price as rent (100K house renting for $1000 - $1250) by the time we take the depreciation, it wipes out all of the 'cash flow' profit, so now taxes currently due.If you are going to leverage with any non recourse loan, I have found they do NOT want to lend on; Pre 1950 properties, houses converted to duplexes (at least older ones), or loans less than 50K which would be a 125K property at 40% down payment. 

I would suggest that you interview several Realtors and ask them the following questions, to ascertain if they are truly Investor Friendly, or if they are throwing you a sales pitch.1.

I'm currently interviewing for sales/assistant positions with a few brokers and lenders.

@Adam Rothweiler so Real Estate is heavily focused on one of two things, sales or capital.

Hello @Shaun PalmerI just use standard MLS Purchase and Sale Agrements (PSAs) that title co's are used to.A standard addendum called (here) a Method of Payment Addendum is pre-printed and just needs you to put in the amount down, term and rate.  

This is going to be my second time placing an offer on a property for sale. 

It's taken about 45 minutes minimum to add each new property we acquire and older ones longer.

My first property was financed via conventional loan and I will rent it out if I am able to acquire a 2nd property via FHA loan. 

Or at least have to have one or the other to be able to acquire property?