They  sometimes foreclose in order to gain title and possession so that they can temporarily rent the property, though they have to take it to auction just like any other foreclosure.

And it sounds like you have a lot to gain by this deal.

If you can pull public records, MLS records of prior listings, google maps, etc you can gain a bit of knowledge as to the property and neighborhood.

Everyone here is more than supoortive but also action oriented w/ their RE goals.As a broker this is platform is a great area to share and gain new info.  

This way, your capital requirement is lower and you get some experience in developing a community while your customers fund the construction.The benefit to your customers is that they get to choose everything about their new home, design the perfect place.Win - win!

I think of it this way, our loss is now out gain.

Hello Kaoru,I cannot answer the second part of your question but any knowledge you gain can be helpful.  

Investors who might benefit would be considering the following cities for investment: Fall River, New Bedford, Westport, Swansea, Somerset, Darmouth, Taunton, Freetown, Falmouth, Brockton, Fairhaven, Dighton, Rehobeth, Seekonk, Berkley, etc..If this is something your interested in attending and I didn't include your city feel free to let us know!

I have always loved working with my hands and I am looking to gain financial independence by byielding my assests, and real estate renting seems like an awesome environment to do both.

My company is called Avail Property Group LLC and im looking to see what bank would give me the most benefits when it comes to real estate investing.I have heard the using small community banks are great because they will be more willing to give us loans.Any suugestions on choosing a bank for my LLC.