Im not 100% sure how this post will work out, but hoping for the best...but slightly skeptical.Im what i would call new to the REI, but as everyone says...very interested to get into the game.  

It'll take 90-120 days to go through the foreclosure process and it'll cost $3,500 in fees.How would a short sale work out on this investment?

Since I'm starting with someone else's money down do the numbers still work out?

The whole school thing just didn't work out for me, but I fell into a job that I really like and think I'm pretty good at.

I heard that some people do this before the 1st tenant moves in but for those times where the 1st tenant doesnt work out to the 2nd??? 

I mentioned I might be able to help find a buyer, so the owner and I proceeded to work out a handshake agreement with regard to a finder fee of sorts should I find a buyer for her.I realize I'm treading in wholesaler territory, however I don't believe the ask price is a wholesale price.  

I have reserved some cash to deep my toe in REI, and if things work out great, I can allocate more cash into this biz to scale up.Since I'm new to this, so I'm gonna have some reasonable goals so they are achievable :-)1) Goals:My long term goal (10 years+) is to have enough passive income from rentals (or anything related to RE) so that we can have financial freedom.Intermedia term goal (in 5 years) would be to have $5k+ monthly income from RE in Short term goal is to have roughly $1k monthly passive income by end of 20172) How can I get to my short term goal?

Hopefully we can work out a deal for a "win-win".We found the BG community with the search term "real estate wholesaling" after Dennis and Nicole returned, with sticker shock after attending a 3-day Guru Seminar.

Hey @Jameson Sullivan how did this mailing work out for you?

@Tzvi Ausubel  It sounds like it will work out for you one way or another.