Put a prescreening form on your web site or a recorded message and start building a buyer’s list.† When you make your offers include a request to put a For Sale By Owner sign in the yard right away and state on the sign: fully rehabbed home available soon, taking applications now.† Since it is easier to refinance a home than to qualify for a mortgage, you can get buyers working with your mortgage broker so they can refinance and cash you out.

Even with that, you can start now and before you know it you will be able to qualify.

Hi Rita,I'm not out of the rat race yet, but the thing that got me to jump into the business was when I was a volunteer at a state prison in WA, teaching a class on life skills.

If so, I would begin by reading the many posts here on BP, reading books that are recommended, join a REI club, and eventually you will gravitate toward the niche you feel most comfortable and qualified for.

The best part about it is that it's free; all you have to do is be creative and persistent about meeting people and be skilled about making a favorable impression.One way to network is by telephone.

If you want to qualify for the lowest interest rate and borrow the amount of money you need to clean your credit record with good scores is really a must.

Why not consider using some of that skill to market yourself as a real estate investor?

If the math of the fair market rents justifies renting your own place, then get yourself and house #1 property qualified with your local housing authority before you go and dive into house #2.

I always put 20% down anyways so it actually makes me kinda happy because now I know that there will be less people that will qualify so it'll make my offers stronger.

By the time I'm down to showing I know I've got a qualified (financially) prospect who has a specific interest in the size of house, and neighborhood.all cash