Foreclosure, pre-foreclosure, REO and MLS all have viable options.

I just got pre-approved for a property, but finding cash-flowing deals in metro Atlanta has been tough, most are barely breaking even or showing negative cash flow.

So, overall she paid over the amount that my contractor was at on price with holding costs and all, the work was not great, and we are still on the market 4 weeks later with one offer coming in lower than asking..

The seller's entitlement amount stays tied up until paid off.

It's not a listing agreement per se - it's an agreement between agent and seller - let's say when agents really have buyers who like FSBO houses.Of course, agent is not going to show the house without making sure he's get paid but it won't be "Exclusive right to sell"Just an agreement kinda like "If I show your house and my client buy it, I'm entitled in 3-4-5% of the selling price.It could be anything, even the listing agreement without exclusive right for the agent - who bring the buyer - that one get paid.

Has anyone ever purchased these pre-construction condos with little to no issues (mainly no scam)?

Buyers always anchor to the last price they paid, and the market has moved 20-25% since then.

Example, I know an investor that paid 150K for a 3 br with rent of 1500.

Someone other than her would rent $1650+ pre-renovation and after repairs monthly rental yield would be $2100+, 3.

You can begin with FSBO leads, expired, your personal circle, and 1 form of paid ads.. this is how I began.Hope this helps, All the best!