You're not going to put another one like it in there.These are unusual finds nowadays.

Nowadays, the area is C/C+/B- which varies from block to block and north to south.

Hard money lenders many times will let you invest in their short term debt.. ( these are commercial purpose)One thing I get a lot of is direct mail.. its exactly the same method that real estate wholesalers use.they search public records.. get lists of private owners of notes.. ( usually the target is a seller carry back) and then they blast out direct mail offering to buy the note from the current note holder.. the pitch in 99% of those is all the same  same buzz words..

These clauses are contained, in all Promissory Notes nowadays.

@Enyi Ajoku If your tenant is even the least bit resourceful she'll go get an Emotional Support Letter for the pet and tell you to buzz off.

Deals are hard to come by nowadays but they are still out there no question about.

Especially nowadays, it's a hot market and a lot of people trying to do exactly what you are doing.

Another $175/2wks, or $350/month to 'feature' the ad; that's $440 in advertising costs for one unit only, on StreetEasy only (they do have the monopoly nowadays)!

Nowadays, many investors use 60%-65% instead due to the downturn in local markets.

If all you do is pay back taxes, the owner can tell you thank you, now buzz off.You either have to get the owner to agree to pay you back (in writing), and then you muust take themto court and get a judgement before you can place a lien on the proprty.