You may want to learn a lot more about the basics, this is a good group to learn with!

My real dream is to hold many income producing investments, and I am currently studying a "Carlton Sheets" home-tutorial I purchased back in 2001, (slightly out of date, bought it and let it sit unopened in my basement for all of these years) nevertheless, it is the new concepts that are educating me.

No I'm talking about Offer to Purchase contract, it's basically a purchase contract but with all of the property description, terms, etc. but at the end of the contract it gives the seller the option to do a accept your offer, do a counter offer, or decline your offer.

Basically, Can I own a company that owns the property even though I am not of legal age?

Basically I am looking to flip houses.

I understand the concepts of both and the forms that are needed for the sandwich lease.

Once its foreclosed you have to wait and get in line, some times the realtor will make it a pocket listing, basically give it to one of their friendly investors. you can always negotiate a short pay on the 2nd and with the seller still on title your wiggle room and closing concessions are not hampered by the bank.

Basically they purchase a home or property that is far behind in taxes, then they let it go to a sale rolling the dice that it will bring more at the sale then what is owed on it.

But here you can sign up at some local highschools and for like a couple hundred bucks you bassically take a basic class in different things like electrical wiring, basic plumbing and some other stuff.

We've started to assemble a Real Estate Investing Guide FAQ to help answer both the basic and most complex questions asked by real estate investors.Please check back with this guide, as we will be adding to it until completed!