The key is when you started operating - i.e. actively looking for deals.

Yes, the owner could still be living there so you will either have to do cash for keys or evict (we've had to do both). 

Any tips on where to go to get information would be appreciated.Thanks!

Key bank's rate scares me that it is almost at a rate of a credit card and i assume it is variable and also assume rates will go up.I am not really looking for other financing options other than this for my first deal. any thoughts or suggestions are greatly appreciated. 

Hello BP, I would like to start investing in RE doing some wholesales. I've been doing my research, learning the process and everything. Just need want to know where to find good buyers? And if you wholesale, does the...

Steve McRory great tips Steve!!!

It’s always best to offer cash for keys instead of doing an eviction but have a set timeline and strict criteria so you don’t get taken advantage of.

The key with turnkey (and you will see myself and other old pros harping on this endlessly) is to find a provider you trust to stick with you for 10+ years.

As most things, key is buying right and ensuring that you have the right relationships to do so. 

Many have posted a few great tips already, that's the cool thing about this forum ;-) That said, I highly recommend using the awesome tools provided here on BP to learn the basics of analysis and underwriting.A few tips to get started and your continued learning:Find and connect with other BP members that are in your area.Set up keyword alerts to be notified of the topics that interest you.Read Beginner’s Guide.Check out BP Podcasts.Find upcoming real estate events and meetups near you.If you'd like to tag someone in the conversation, type @ followed by their name and then select the name of that person that appears below the comments box.