In Missouri we don't have a limitation to foreclosure, but the issue pointed out by William still applies and if a lender or creditor fails to actively seek remedies your security interest may be limited.

That said, posters here should use caution if they get any contact privately from someone who is not well known on the board and seek the advice of the community back on the public side (the forum posts) for community protection.

Fire him at the first sign he has shortcomings or deficiencies and you could just end up going thru the same, or worse, with the next one.IMO, we do more harm than good when we dont require from posters seeking advice, ALL the info needed to sort out what are all unique situations that involve real people.This wasnt directed directly at you, Bill!

Your other option is to seek properties in areas where the competition isn't buying, or property types they avoid (condos, country property, older houses, luxury homes, etc).

I came to Bigger Pockets seeking answers to the most basic questions several years ago, and stayed because of the members who constantly contribute how they are finding success.I have learned more than I can express from the members here, both through the site and off the site via phone calls, emails, and the conference.

If you're seeking a wholesale deal I wouldn't go through a realtor.

Tell everyone a bit about yourself...particular expertise, length of time in the biz, do you have a GC license, type of work you seek, etc.

I am seeking a real estate agent/mentor willing to show me the ins and outs of house flipping.

That combination can be hard to find (that actually do both well).Also with only 100k in cash you would need to partner with another investor or syndicate the deal to properly fund the transaction and account for the proper amount of reserves at the 40-50 unit level.Just a few things to think about as you are planning the transition.Start connecting with the Property Managers in your area that manage the class and size of property that you are seeking.

Potenital Investors, Local real estate investment firm, Lambert & Rhodes Investment Group Inc. is seeking individuals to provide Private Money for the purchases of single family homes.