Every time you move new tenants in you gamble on getting horrible tenants.

Thanks again if you dont get anywhere, you can see if you can buy the lien, then take the gamble on if you can finish the foreclosure process.

Borrowing against retirement money is also a bit of a gamble for at least two reason:1.

In my opinion that is speculative investing, and I am not much for gambling.

Hi,I am in Federal Way, right on the border of Tacoma.I don't have much experience in the real estate market but I have been interested in it for years.

Does anyone know of an investor that would be looking for this type of an investment in a rural area of NC by the Virginia border?

For example you can look at alternative acquisition strategies like seller financing or lease/options (L/Os can be really risky though, cause you're kinda gambling with the seller on appreciation). 

Borders steger.

I live in Gurnee, Illinois which is by the Illinois\Wisconsin border.

Currently researching VR opportunities across the border in Baja, MX so feel free to hit me with any tidbits of advice, pitfalls, connections etc!