Yes this is allowed, and I have had several realtors willing to play ball with me in these situations.The key is to have an option contract that includes language to let you do that.

I play in my own back yard right now, but I would be happy to pass these on to someone else.

What is your game plan?

An investor that has skin in the game will be less likely to just walk away when things get tough.If your deal is good enough and you have something to offer, you might be able to get 100% financing.

I'm learning like most of you the real estate investing game.

Barring that having someone who will (do good) work cheap, on the things that are withing their skill level can accomplish the same thing.Even though I lived through the high inflation of the 60s, 70s and 80s I knew that CASH IS KING and paying interest in a sucker's game.

Right now i am looking into playing w/ portfolios.

i'm new to the game.

You'll be way ahead of the game if you get started now.

I wanted to thank BiggerPo for posting a great article on the "Real Estate News Blog" - everyone should read this one! http://biggerpockets.com/renewsblog/?p=15

It talks about how to prepare yourself for when foreclo...