If you search through the forums this topic has been beaten to a bloody pulp endlessly.

There are screaming deals right now that I really want to pick up, I’ll give you an example duplex for 94 could probably pick it up for 85 or less, rent currently each unit for $700 probably only need to put 10K on the high end to fix it and rent it.

I could go on for about 40 pages about this garbage and my blood is already starting to boil just thinking about it.I have been a small time investor in various types of income producing real estate since the early 70's.

I wish I could scream it to the world.

It's not screaming-through-the-roof interest, but it's definitely interest more than we saw a year ago," Pallotta said.Legacy performing paper that have had high combined loan-to-value ratios, but borrowers who maintained a dependable payment history throughout the worst of the economic downturn, have been particularly popular, he added."

The whole thing just screams  "Just use your own money!"

The HOA is rich and powerful and they will surely fight, scream, and stamp their feet, but in the end the law is settled here and they are going to have to pay to get this back.  

They get into a screaming match in the middle of the road at 12 am.

Rarely are they distressed sales, and rarely are they screaming deals.

So, if you're wanting $25K per deal, you're going to have to be doing it with higher value properties, finding screaming deals, or doing a lot of them.