Utilize FHA203k for distressed (bargain) Multis - so you're borrowing the rehab cost too!

It sounds like this park is pretty distressed but with its small size I would probably not consider it for myself. 

We invest, educate, and network with other investors interested in learning how to buy pools of distressed assets on residential and commercial properties direct from banks and hedge funds.

@Cheryl Bunch I specialize in distressed properties here in Houston and I will be more than glad to help in anyway possible. 

The issue wasn't with the subject property (a 2/1), only the comps I wanted to use.Yeah, you're right, a short sale is technically an arms length transaction, but I also consider it a distressed sale and for some reason I thought they would categorize it differently.  

The idea is we scout neighborhoods looking for distressed housing, generate a list of leads, and then sell an exclusive list of leads to an end buyer (wholesaler/Investor).

Discover how you can take advantage of these incredible real estate opportunities.Entrepreneur - Real Estate InvestorSpecialties: Wholesale Real Estate Rehabbing in Real EstateREO PropertiesFix & Flip Real EstateBank Owned Real EstateReal Estate TrendsHard Money Lending for Real EstateTransactional Funding for Real EstateReal Estate MarketingDistressed Real Estate Contact me directly for all your real estate investing needs.Specialties: Real Estate Investing, Creative Funding for Real Estate Investments, Cash Flow Analysis for Real Estate, Real Estate Market Trends, Real Estate Business Development and Real Estate Investing Strategy, Real Estate Structuring, Marketing & Sales of Property, Bank Owned Real Estate, REO Properties, Distressed Real Estate Investing, Acquisition of Real Estate at below Market Value, Wholesale Real Estate, Probate Real Estate Investing, Rehabbing Real Estate, Flipping Real Estate

The M.O. for my company is buy distressed with cash or hard money, stabilize and refinance to hold.

Maybe you find a distressed homeowner in need of a solution, or that property that is paid off, vacant, inherited, and someone just doesn't want to deal with it, and you're able to get them on board and accept your offer. 

How do you locate distressed properties?