I thought I had a little gem, but my mentor said it was a cash only deal and the only way I could think to identify that is by it being a REO?

Hi, Just seeing if any BP members are going to be attending this Thursday's Baltimore REIA meeting at Giovanni’s Restaurant located at 2101 Pulaski Highway, Edgewood, MD 21040, meeting begins at 6:30pm.

A hidden gem, or an entire red flag?

This is a gem thanks Steve 5 years later still relevant...

But we will be back next month to try again because every once in a while you get a gem of a deal.

@Giovanni Isaksen hit it right on the head.

In fact the numbers in Gilroy, which has a lower entry point are terribile even for multis, unless you find a true gem.

Primarily appreciation speculation.A 250K property in a A class neighbourhood with rents at $2500/month would be a gem.  

Jon, U are a gem.

I've seen a few absolute gems (40-50% ARV) properties come across my plate, I was able to find a lender willing to lend on these specific properties in this current climate but as I read through forums I see that most people are saying the smart money is out of the market.I have a few listings in PG County (under 350k list price) and one in DC (650k list price) and all of them have seen double-digit showings over the last few days.