Let’s look at the situation where you are looking at a REO listed at 25k and they have just come down from 29k. The bank most likely did not really look at it because it isn’t worth that much. The house is in bad condition and would have to be gutted to rehab; the only good part of the house is the structure. You don’t want to rehab it yourself but you would like to make a low ball offer on it to flip it.

There are times in your life when in order to change your future you have to make decisions that others may question.

When I was starting out without any money, this is what I did.

If you looked for an investment club in your area and could not find one, I have to say I don’t think you were looking hard enough.