I also look to own my second property shortly after graduation!

There is a property that a co-worker of mine has listed for sale, and it is a short sale.

I found a property I am interested in and it's noted as a short sale.

This is often called REO, which is short for Real Estate Owned.

I believe this is a good NICHE as there are many good people out there that can afford a home but can't get a loan due to recent foreclosure,short sale etc.

Certainly, if they're trying to buy a new house shortly after selling an existing on subject to, the new lender is just going to treat the old loan as if its still in effect and the borrower is still responsible for it.

There are 47 separate strategies for financing real estate of all types, which are presented very (too) succinctly through a short paragraph on the idea, another paragraph or two outlining the actual strategy, and finishing with a scenario or case history of the strategy applied.

If you view a HELOC as an extension of your pocketbook for short term cash outlays, and not a permanent form of financing, you should be in good shape.

3 responses in a short time would seem acceptable to start with.

I am interested in making an offer to purchase a house via short sale.