Investment Info:Single-family residence buy & hold investment.

Quote from @Roxanne Whitaker: Please be aware if you buy an investment property and do not live in MD, when you go to sell it you will pay an 8% tax at settlement. 

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

You should contact the Virginia Beach assessor's office to update your mailing address.

What are some of the best areas or even zip codes that would be good to buy a rehab property?

Our office receives about 50 of these a month from various wholesalers and I always look at ones I don't recognize to see what people are trying.

Commercial/offices?

My friend has 3 rental properties there alone and when I asked him about buying more he said if he did buy it would be there.

My loan officer just came back to me apologizing for the oversight and informed me that the CD will reflect the right amount for cash to close.

It's the concept of buying the debt attached to the mortgage rather than buying the house.