Purchase price: $125,000 Cash invested: $125,000 A while back, I found myself with an intriguing opportunity: a property priced at $125,000 that seemed ripe for investment.

I found the deal through a family friend who is a real estate agent.

I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,The house looks in really good condition, I already made an offer for 570.000, in melrose Bronx, I know this is not a safe neighborhood, but I do believe the house will appreciate and also I think I could easily rent it since it’s close to the subway,What do you guys think, will a house in melrose Bronx will appreciate it, taking into account it is close to projects and it’s in melrose? 

However, we found we couldn't keep doing that because some people would have 300 transactions per month (how on a rental?)

My uncle is part of the RHA and has found it helpful https://www.rhawa.org/I keep meaning to check it out but haven't since I can get so much second hand information off of him and others I know in real estate.

There are deals to be found in every market. 

I found there are quite a variety of them.

The 2 best options I've found are DSCR loans and/or a local lender that does not sell the loan (they hold their own paper). 

Maybe a year or two goes by… but with a little age comes more respect… and maybe you partner with one of your new found real estate people and do a deal together.  

If the buyer has already found the home on their own, then a reasonable amount of buyer agent compensation may be 1% for writing up the purchase agreement and managing through closing.Before, the buyer didn't really have the opportunity, and the agents could avoid even talking about the buyer agent compensation.