Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com/ - free e-bookFlip2freedom episode 77 - podcastBiggerPocketsPodCastWholesaling101 You Tube ChannelKent Clothier - Memphis Invest channel

Either way, def consult a CPA who knows your unique financial needs to help you make the final decision.

For you to get a discount you need financial distress and distress on the condition of the property.Now... for the other "really beat up house"... you should be able to turn that into money if you get a developer buyer.

This may or may not matter to a seller depending on their financial situation.

The bank will probably redeem once they are notified of a tax foreclosure.I admit that money is made where others won't do the work, but what are the possible financial gains in total even if you did foreclose and sold the parcel back to the bank or building parcel owner?

Be sure to look over the COA's financials prior to buying anything.

I have been reading and listening to podcasts about real estate investing for the better part of the last two years and can see clearly why so many people use this as a vehicle to achieve financial freedom.

When it passes these ballpark figures, I do a short term financial analysis and I look if I can do a value play.

Rates today would yield you about a $7500 credit unless you're locked in...appraisal is a little high by a couple of hundred bucksI am with a "Direct Lender" called Skyline Financial out of Calabasas if you need some extra help email me [email protected]

"Little funds" means different things to different people though, so it is tough to give much advice, but I would start by figuring out which type of real estate investing best suits your financial goals, your personality, your market, etc.