What does everyone think is the most profitable area to purchase in?

Banks won't usually touch it even if buyer is qualified to purchase, banks don't like to finance small purchases, most have minimum amount they will finance (around 100K or higher).

@Stacy A Stewart I have personally used DSCR loans to purchase rental properties here in the Dallas/Ft.

I would encourage you to figure out exactly what is needed to get your first deal and set a goal of when you wish to purchase it by.

This imhomevwas purchased using my VA home loan for veterans.

I wonder with Canadian economy struggling if there is potential to purchase distressed properties that could be converted into long-term rentals or successful AirBnbs (especially in the cabin markets that have been hit hard).

Hey everyone,I’m dealing with a frustrating situation and wanted to see if anyone else has experienced something similar.I was set to close on an off market purchase in two days, but I just found out that the mortgage company filed a Lis Pendens, meaning the foreclosure process has started because the seller hasn’t been paying their mortgage.

Can you count purchases made by friends/family as expenses?

Purchase price: $28,500 Cash invested: $121,000 Sale price: $170,000 SINGLE FAMILY RESIDENTIAL fix and flip What made you interested in investing in this type of deal?

Have you guys ever purchased a property without physically seeing it?