I have invested a lot of time reading all of your posts for the past three months.

Since becoming a memeber though I've read a lot. 

Of course, we just want to try to get the best deal possible as this is our first flip and there is sooooo much competition in our area.I've read and watched the webinar about tax (lien) sales and I have been learning about some of the things to be aware of (THANK YOU, BP!).

I've read that I shouldn't go too far from home for my first purchases. 

I was on a plane and decided to re-read Rich Dad.

The reason for my confusion could be that I read another thread where it was the Reverse Mortgage Institution who was selling the "Owner"-Occupiers property, and the responses there suggested that was nothing out of the ordinary, since the Institution was already paying out that Owner per their reverse mortgage arrangement, and could continue to do so even if THEY sold the property to another party.

i just put an offer on my first place and continuing to take referrals for options. i will message you shortly. i appreciate any feedback!

Before I ask the questions, I'd like to point out that I am a complete newbie to the world of real estate and my only education thus far has been reading the Beginners Guide here on BP.

I have been enjoying reading through the blogs.

Have goals that state what you want and read them daily.