There are lots of "educators" who prey on folks who want quick and easy riches.For most of us real estate is just one form of investment.

The agent of course wants a chance a commission and goes out to the listing appointment explains to the sellers what the property is worth and if they list it at that price they may not get a offer for 20-30 days (after their foreclosure date) and in order to stop the foreclosure sale they need to under-list the property getting a quick offer to submit and that the actual selling price is determined by the bank.

Thanks @Eva Marin for a quick reply.

Well I still had a good name in the investment community doing my own wholesale deal, I quickly ventured into subject too and owner financed houses.

Josh Compton thanks for the quick response!

Thank you all for your responses (and so quick too!).

Hey @Joe Monaghan - welcome to BP, you're sure to find just about any RE investing info you can hope for on here.As for your investment strategy, I'm a big fan of multifamily properties and depending on the area you may actually be able to sell a 2-4 unit property more quickly than a single family.

Here's a HUD deal which we recently got: House is worth $120K, repairs: $20K, we got it from HUD for $44K and we sold it quickly to our buyer for $55K.

If you're only going to own the property for a couple of months, then a higher interest/lower monthly payment loan would be what I would suggest.However, If you're buying equity with the hope of seeing a larger payday further down the road, then you'd want a lower-interest conventional financing loan that you can pay principal down on as quickly as possible, but at that point, you're a buy-and-hold investor and not a flipper.Honestly, the best thing to invest in is education.

It doesn't affect longer term owners who have built up equity as much as they just loose some value when caps loosen up but for a new buyer at that high threshold it can sink you quick.