However, other cities like Independence or Liberty have Sect 8 divisions that are great to work with.You need to find out where your local Sect 8 is located and go pay them a visit.  

thanks, yes he is independent and lives in the town where the rentals are and takes care of all the issues.

Hi, my name is Han and I am totally new to real estate. English is my second language, so please bare with me even if my English is so broken.I am 39 years old and have two kids, I am working as a hibachi chef - you k...

Virtually NO homeowner will owe taxes after a short sale, but every situation is different and has to be independently evaluated.

One of my 5 year goals is to run my own independent brokerage firm, but I have a few questions about what the minimal requirements would be to do just that.

I always put in my clients' operating agreements that the members may engage in other business ventures of any nature, including the ownership of another business, whether or not similar to that operated by the company, and the company shall not have any right or interest in any such independent ventures or to the income and profits derived therefrom.

My goal in REI is like many im sure, to create financial independence.  

Sharon,option C would be good, but unless you have some financial backing for the loan, being a broke college student, i do not think you will get approved for a loan, unless you have a good steady job as well. if you are completely independent from your parents financially you could try applying for an FHA loan, someone with experience in FHA loans on this site could probably tell you if you can go that route.

If you happen to be married, and your spouse can independently qualify for the loans, you can increase your available Fannie loans to 20 if you only hold each loan in one persons name.

My purpose in writing you is because at this stage in my life, i believe this strategy could very well help me achieve my goal of financial independence.