I have heard from a source that the Federal Government is planning to buy out REOs from many of the larger financial institutions like Bank of America etc.

Hi,
I've been in need of some reality check and just found this site.
How can I find other tenant-slaves (landlords) around Boston?

I have 5 units in Boston, been at this for just a few years, and have learned every...

I look for institutions that will keep people in that town in a down economy for psychological, sociological or religious reasons.

My friends in Westport, MA were able to rent an incredible waterfront property for about $1500 / month (split between four of them).

I've seen numerous looking deals on MLS, here in Worcester, MA in regards to 3 and 4 family apartments.

This question is based on a Massachusetts contract to purchase, so it may not apply to everyone.

Less than a year ago, Ocala was rated the best performing city in terms of sustainable jobs and economic growth (out of 200 metropolitan areas in the United States) by the Milken Institute in California.Ocala has a stronge manufacturing sector that has grown 70 percent over the past five years, outpacing nearly all the rest of the nation.

While large banking institutions such as B of A are convenient (many locations), they offer very little in the way of creative financing options for investors and you are just another number to them.Try credit unions.

.`(8) APPRAISALS- Any appraisal conducted in connection with a mortgage insured under this section shall--`(A) be based on the current value of the property;`(B) be conducted in accordance with title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 3331 et seq.)

I am sure you can find a good estate planning attorney somewhere on Bigger Pockets, but if not, a good guy to speak with is Roccy DeFrancesco, Esq. of The Wealth Preservation Institute.