I can have this paid off with in 10 years and have supplement income or I refi today, take out 70% of my equity (60K) and reinvest in another property.

As long as the numbers work for you & your area, I’m sure it will work out great!

What is the best software out that compiles pre foreclosures, foreclosures, tax delinquent, bankruptcy, REO's ect.??

He told me I could lease it or even Airbnb it.He has some sort of loan against the property that he has to wait until July of next year, in order to not be penalized for pre-payment.

Hey @Caleb ScottIf the home is in forbearance or pre-foreclosure, you can purchase subject-to the existing loan.

They just require for the property to be a good property in order for them to be able to sell it if you default. 20% down for the one I use, and then a 6 month pre-payment penalty. 

@Vincent Plant I think its time to work out a plan to vacate/cash for keys.

There are homeless programs that place people after they've been rehabilitated to functional members of society or who just help those who have a combination of bad luck and bad choices but don't have some severe underlying issue, and those often work out just fine. 

Have him deposit the funds into my account and wait 3 months to get pre—approved, since I will have to submit my last two bank statements?

Hi,I am new in REI and am focused on learning as much as i can right now. I've heard that a neighbor is in ACD, which i believe is an indication of foreclosure w/in a FHA loan. What should I do? Do I approach the home...