(smile) Now that idea has expanded even further, I now want to be involved in Development focusing on Loft type or Manufacturing Building that can be redesigned for residential use with a twist.

Prior to working in the commercial field I was involved with resort development.

banks won't really get involved with people buying with assignment rights.

Have you gotten anywhere with getting involved with any flips currently?

I also ordered the Rich Dad's Roads to Riches: 6 Steps to Becoming a Successful Real Estate Investor audio program and listened to it several times.Now I am seeking to further my education by asking questions and reading through all the information on these forums.When I'm not attempting to learn about REI, I love backpacking, hiking and camping.

If I find were to find a deal on one of these properties, put a contract on it and wholesale it - how does this all work when a Realtor is involved (the one who sent me the listing)?

Never heard of them but it sounds like a mentoring program.

Why not just do things right and refuse to be involved in fraud?

A caption right from the investor's guidelines:[b]Additional Terms for All Loan Programs: • Minimum credit score of 575

Is there earnest money involved in a contract for an reo?