In close collaboration with your real estate agent or lawyer, negotiate the conditions of the transaction to achieve a successful outcome.

You have to run your own numbers but compared to a 203k loan the NACA lower rate and no closing costs were a slam dunk even including the potential 25k.

However as stated there is a lot more to sub 2 than just a purchase contract you have to understand all the risks and especially the risks to the people your buying the property from.. they are the ones in my mind that really need legal representation before entering into one of these transactions and deeding away a property where the their mortgage is not retired and it stays in their name and of record.

Hard money often comes with points on the transaction, as well as interest.  

For lower purchase price Scranton and Wilkes Barre have the edge.

Many investors from California, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets.

Many investors from California, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets.

A few days ago, I bought a really cheap property in a semirural lower-middle class, but generally safe area.

Getting a lease listing with an agent is a way for you to create a relationship with the agent, and it could be lower cost than having a PM over the long run.

This is typically seen in larger transactions with bigger check sizes but is also complicated to originate because an intercreditor agreement will be required by your lender.