I own a triplex right on West Chester Pike in Upper Darby, PA (2 units on the first floor and 1 unit on the second floor)The basement is ground level.

The property is in Pike Peak, Colorado and by the way, the headline is misleading.

Justin generally I am looking in Metrowest...along the Pike.

At this point, I need to either come up with a good argument for waiting on a better property to come down the pike, or to try to put a deal together on this one.Thoughts?

I picture its location, and I can only picture that it has enormous potential.You have easy access to the Pike from multiple parts and subsequently commutability to both the I-495 and 128 technology belts, a commuter rail station to Boston, a growing public university, vibrant shopping at route 9, a bunch of relatively new reputable breweries, etc.

With this whole Covid thing happening, there should be some good deals coming down the pike in the future.Happy Housing,Matt

http://www.msnbc.msn.com/id/32393282/ns/business-mortgage_mess/ above is a clickable link for the article Rich references.... and yes, be careful in nevada but I see that has more opportunity coming down the pike!

With all the legislation coming down the pike on home owners and the fact the owner is 77 years old ( sound mind and body claim entering into contracts) I just wouldn't touch this.Since their is a ton of equity it looks like the lender just wants to foreclose and get rid of the problem.Might be better if she just sells at market pricing and down sizes to another property and keeps her cash as a reserve.If she is on fixed income maybe have some family stay with her and pay rent so she can catch up the mortgage.No legal advice.

Someone told me that there is new legislation coming down the pike that will require much more work when dealing with a remodel that has lead paint...like tenting the whole house and upping the cost considerably.

There is enough legislation coming down the pike rather than creating situations that may lead to more tenant friendly legislation that goes overboard.