People who live in high priced areas are going to have to do a little driving and find the bread and butter neighborhoods, with the lower house values.

A person who had relatives right in this neighborhood bid agressively for it .The Unit needed a lot of work, but it was in a good neighborhood, and the Unit had tons of potential, and a couple of desireable features, (fireplace, plus bedrooms at opposite ends of living room)Oh well, I'm still looking for a sure fire deal I cant screw up, but I havent been able to find one.GL all .

Its a great neighborhood so I took the 330K as the ARV and 65% of the ARV brings me to 214,500.

Look at a neighborhood, and you're going to find dozens, if not hundreds of lenders (good and bad).

But after reading the newspaper every day for the past two years, I personally don't think it's such a hot idea to help qualify people for homes they can't afford.

That took a lot of search engine optimization (SEO) work.So, for marketing I'm using the internet and "we buy houses"signs in the neighborhoods I would want houses in.I'm only targeting median house prices which has droppedto about $250k-$275k.Now I'm looking to develop a more consistent business.The Portland-Metro market hasn't been doing that.

Hey Dave,One thing that is happening alot in my area (at least the worst neighborhoods) is thieves breaking into vacant foreclosed houses and stealing the copper pipes, and selling it by the pound to scrap dealers.

im knew although i have been browsing for some time, ill give you a short history of myself before i explain what i would like to do, Im currently 22 and at the age of 21 i had saved approx 15k for my first home, I had read every investing/mortage/real estate book i could find, before i really started looking, threw family i was introduced to a very respected and succesful real estate broker who has several offices, so i thought it was wierd that he was wasting his time with such (small fish) but he helped me find a forclosure,i bought a 1800sqft house 3 bed 3 bath etc for 112k, it was the ugliest house in a super nice neighborhood.

You can check out the general rental market by looking on Craigslist and in the newspaper ads.

Some things I think about:- Likelihood of Being Able to Flip: What is the neighborhood like, are things selling, are they selling close to asking price, what is DOM for your area, what is the current financial situation, etc.- Will It Be a Good Rental?