Okay, so here's my sad story...I researched neighborhoods, found a few good realtors, borrowed some money, joined the PMI academy and made ONE offer and it was accepted.
It's a foreclosed property that I got for $42,000. It zillows at $175K. I put ads up on CL and did the PMI courses on HML. Talked to a bunch of investors, etc., etc.
The local investor who said he would fund the deal just called to say he won't do it.
I have one other investor/HML who is trying to get the deal funded but he hardly returns my calls and will email once a week to say he is working on it.
The P&S is going to expire on Friday. I put $3100 of my sister's money down. I called the success academy and the "advisor" basically yelled at me for not having financing secure before I signed the deal.
Yes, he is right. I was trying to be "active" and trying to go for it. I guess I bit off more than I could chew and now I am just depressed.