If we want cheap money I guess that is the game we have to play.

We are located in Long Beach and we have a steady calendar of great industry speakers, such as Bruce Norris.

Creative is the name of the game, especially these days!

Since probate deals have been my game for twenty+ years, I'm accustom to hearing this question.

I'm new here (first post) and to the investor world and I would love to make the next one to meet some people actually in the industry.

If my ultimate buyer's goal is to own a salon with units (arghh) then thel opportunity could be to buy at big discount, stop the contractor bleeding, re-sell the property subject to the existing first and wrap it with a second after getting either a big down payment or other major skin-in-the-game consideration from the ultimate buyer.

They had been foreclosed on in another town in 2003, so they know how to play the foreclosure game apparently.So even though a notice of foreclosure hasn't yet been filed, it could be that they are going to do a "rent and bail" rather than the "buy and bail" that others have done.

Plus, you'd be surprised how often opportunities arise to represent someone and make some quick cash;- You'll get access to the forms you need;- You'll get access the MLS and some potential deal flow;- You'll have the ability to list short sales (if that's your cup of tea);- You'll be able to network with lots of others in the industry;- You'll learn all the basics of real estate that you're currently confused about.

In the meantime I called a guy I know in the construction industry.

Any program promising highly specialized courses isn't worth your time because the game changes over time - having a solid ground floor allows you to adapt and keep up, and also apply your skills across industries.