For example I get the concept, but if u are not using your original money how do u access the money?

It gives two types of investors:- investors with much money, they are not worried if they buy some houses with low or negative cashflow, they look only to own this house/propertie and set tax write off´s- investors with few money, they are should worried if they buy these addressed houses/propertiesDon´t know your situation now, but if you the second investor type leave these properties well alone.You can lose much money and next distressed home is on market as foreclosure.

Same concept.

If you get profiled negatively future insurance costs can go up and it can become harder to find a carrier.This brings me to running faucets to prevent freezing pipes.  

reading some of the posts a lot of negative feedback

Anyway, to get to the point, since I am extremely new to the concept of REI I am curious about the process of bidding on foreclosures at auction through the County Public Trustee Office.

The bank hasn't requested income statements yet so they rejected based on credit rating and negative things on our credit from the past which have been removed as well as debt obligation on my wife's credit (cars, furniture).

Every time we purchase a property, our income goes up and thus negates the standing debt.Best of luck to the both of you!

The state exam was alot of scenarios, so be sure you understand the concepts.  

And any experienced seller, to say nothing of a Realtor, recognizes such POF letters for the garbage they are.Really, this is about the simplest concept in real estate.