Quote from @Matt Wan: Can I purchase a property using a traditional mortgage without being physically present for any part of the process?

Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying. 

Purchase Price & Seller Financing TermsYour neighbor wants $200K, but the current value of the home is closer to $160K-$170K.

Hoping to get help from like minded people.After lurking in the back ground for years, we recently started purchasing property in the greater Birmingham area.  

This is what the assessed tax value will reset to after you purchase.  

hi 3 years a ago i purchased a 15 acre mixed use property in disrepaire.it consists of 55 mobile home/RV lots3 duplexes a  3 bedroom housea  2 bedroom housea storea shopa lundery matwhen i bought the property in was really really poor shape.   

Purchase price: $123,000 Cash invested: $15,000This was a 4-plex in C+ condition in what was then a small college town.

Hi @Emma Hustis, You are acting as a principal and assigning your entity's right to purchase to another entity or individual.

Purchase price: $375,000 Cash invested: $60,000 Sale price: $525,000 This home was build in the 1980's.

We've essentially ruled out investing in our local community because we can't seem to find a good deal (we live about 1.5 hours north of NYC, so purchase prices are very high), so we are considering (1) investing out of state; or (2) investing in some northern NY localities (Syracuse, Albany, Rochester, etc.).