I don't qualify for a Roth IRA at this time.

I know, I'll actually contact a qualified CPA and a tax attorney to see how it applies to my particular situation, but I'm also just curious about this in general.

If they call on your sign they've already pre-qualified the neighborhood!

And in particular form an agreement with a friend that is a realtor, ie: if he brings the qualified buyers that ends up closing, he would get 3.5%.

He is nice to work with and will negotiate seriously with any qualified players who put offers in writing .

As long as the investor has owned and lived in the property as his/her primary residence for at least 24 months out of the last 60 months he/she will qualify for the 121 exclusion.

One question though: I called a hard money lender for the first time today to get pre-qualified ( Brookview Financial.com ) and found out that they want an investor to have 20k worth of liquid assets per 100k of loan.

They don't look at your credit score really nor your abilty to repay.If your credit is less then 500 and you really don't have the income...I will suggest you wait until you are at a point that you can qualify for at least a conventional loan for at least 75 %.

Some will work diligently for you, some will work only when you call.Using a Real Estate Agent, is an important step and unless you are qualified to find the properties, negotiate the sale and financing on your own you are faced with difficult decisions that you may not be prepared to make.I hope this helps, and good luck.

I would qualify the landlord in much the same way they would qualify me as a tenant.