Account ClosedWe should connect, I have been networking with other newbies here in the East Valley to start a group where we can share information and network on some deals.I have been doing a lot of reading and listening to the podcasts here on bigger-pockets.I was at a point of analysis paralysis and so decided to start driving for bucks.I have managed to find my farm area and have generated a  list of potential deals.I have spent the last couple of nights qualifying my list by looking at county records etc.

The land bank is looking for qualified purchasors with a successful track record of remodeling homes.  

My clients are well qualified and I have liquidity and net worth along with recent bank statements. 

., resident in the forums.Click on the "Education Tab" at the top of the page, and you could be spending many hours on the Information that is available.Raymond

I'm a local Philadelphia resident and am working with a brokerage with over 10 years experience. 

So the agents I wanted to add to my term wanted to qualify me - "How's your credit, how much cash do you have to put down, do you have a co-signer?"

Almost all short sales forgive the remaining balance, but the owner needs to "qualify" for the short sale due to a financial hardship, not simply just being upside down on the mtg.

This would be for one personal residence though if we live through the process, have a great result  and learn a ton from it I can definitely see dipping a toe into Jay's big land development playground.

@Kyle Corbin & @Robert Graham from the paperwork that I've received there are 7 Section-8 families residing there out of 33 units, of which 3 are in need of renovation and the rest are occupied.

Something you will want to look into with your qualified tax advisor.