If you are a cash buyer , know the market and foreclosure process then you can pick up  property for a 25% discount in a desirable location.Cheers

For best results shop the vendors (who can be covered by insurance/meet HOA requirements) and get several options to your HOA management company to have the board pick from.

Thanks in advance,Rookie You’re going to struggle to find cash flow anywhere in the dmv, you would really be buying for appreciation only, both for ease and some upside, I’d look at some condos in dc, definitely some risk, but you can pick up a condo at a price you would have paid a decade ago. 

I would love to chat with you about this idea we can pick each others brains a bit.

My brokerage is part of Anywhere RE, we have the biggest names under our umbrella (ERA, Caldwell Banker, Sotherbys, BHG, Century 21) and we have a fantastic referral program that I can hand pick an agent anywhere in the country and interview them for you to make sure they have the qualities you are looking for.

Can you dig into a little more on the novation, why did the seller pick that strategy say over a cash offer?

I would love to connect and pick your brain a little more to understand structure of these loans! 

So I picked up a few books which includes, "The Book on Investing In Real Estate With No (and Low) Money Down," and "The Book on Rental Property Investing," both by Brandon Turner, which introduced me to the BiggerPockets community.With a decade of experience in property management under my belt, along with my property management certifications and an NC real estate broker’s license (with Broker-In-Charge designation), I’m eager to leverage my background to secure long-term financial stability for my family.

How did you pick those areas?

I think the market will pick up in 2025 as a whole but 2024 was a big dud.