Of course all American taxpayers, and their grandchilren will be paying for your (and lots of others) mistakes.So although all of us on this site claim to be pure capitalists, we will be happy participants in the SOCIALIZATION of the mistakes of people who spend more time researching the purchase of a $20K automobile than a $200K house!

Texans for HOA Reform: www.texashoareform.org AARP Bill of Rights for Homeowners in Associations: www.aarp.org/research/legal

After a little research you will start to know what is out there, what you want to emulate and if there are providers who can you connect with.You really do need to start with a business purpose and then worry about the right tool for the job.

Hope I saved someone some research!!!!!!!!!!

Assuming clean title and no other positions and no back taxes and no pending lawsuits tying up the property in any way (lotta research...), his $144K first might be worthy of a $160K buyout tops, with him covering legal fees.

I've been doing some research on REO properties myself as of late, and have been getting some very useful information.

Hello there everyone my name is calixto urdiales and im from los angeles california... im a new investor so things are a little out place at the moment. but as for myself i find my clients (small investors) reo properties for cheap i do the research and obtain the listing for them, i just started to think about taking it up for myself!

I am currently working the corporate field and trying to fix my credit (which I messed up severly while in college--its in the low/mid 500s).Before starting I would like to be debt free other than student loans and a mortgage, and have an emergency fund.Currently I am reading and researching all I can about this field and joined two groups on meetup.com.Thanks in advance!

Get out of the house and research your market.

Researching if there are any IRS tax liens on the person is a good start.