Went to commercial lender on the second house which sits on a great lot (with court filed redrawn lot).

I also do some wholesaling, fix & flip, RTO, short sales, etc...basically whatever pays the bills.

If any loan is made in violation of that written policy it is basically a stike against them in following prudent lending practices even if it was a great loan, it's still in vilation of the way the bank said they would conduct business.

You can also do a lot of the screening for free by looking at your local court records online.Good Luck,Mike

I'm leaning towards rentals, but right now we're basically living paycheck-to-paycheck, so I need to learn a way to get into r.e.i. w/ little or no money out of my pocket.

That is, they cannot take you to court to force a sale.All that said, I think you should have buyers lined up before you sign a contact and you should have a plan B on how to close.

Priced to sell, I should be able to get $130K, so basically, I'm looking at bringing $10K-$20K to the table.

What I ended up doing was becoming basically self employed in the rehab business to feed me with something a little nicer than beans and to pay little luxuries like utility bills.

They put on classes for basic stuff like painting or tile.

I can tell you stories of things that has happened in court and after court that would make your head spin.