Let’s hypothesize: Split your RE operation into two distinct lines of business 1.

This house is a foreclosure, offered for cash only and we suspect the reason why is even though it's listed as a 3 bedroom, when we walked through it there is a 4th bedroom that is what I would consider the master as it's the largest.

In that case I would look for the largest building you could get for around 350k that in good shape and does not have a ton of deferred maintenance.

Ibrahim S,It is distinctly possible that it may be able to get it discharged.

(For California)No, I'm not a ripoff lender, but I am the Education Chair for the largest (well, for that matter, the only) statewide trade association (in Calif.) for hard money lenders.

I just spoke to an agent of one of the largest bidders in MD.

Buying an Index Fund of the S&P 500 (500 largest companies, so not likely to all go bankrupt) and never sell, but have methodical buying leads you to buy more at the bottom.

Yes, there's some that only do non owner occupied but it's not a monolithic among hard money lenders so the fact that we're debating that point shows some want to be message board know it alls instead of just giving feedback.Saying the lender owns the property is a distinction without a difference.

My largest expense is water and sewer through the town, I never seem to see tenants paying for that in Ma.

More than likely, the asset managers at the largest banks in the country were B-School classmates with these guys and therefore have the inside track on all inventory coming online.The small, local investor will gain an advantage by focusing on customer service with homeowners, identifying a need and providing a solution.