As new investors we think it would be best to see if a more seasoned investor may be interested in taking it on or willing to assist.There is a woman in Oklahoma City who owns a home in Monroe County, Pennsylvania.

I've only done 30 year mortgages for now, but plan to trim that down to 15 yr mortgages as I have more funds become available and get older.

Ask title company for a list of high-equity, absentee-owner properties, preferably older homes.Contact pre-foreclosure homeowners either from Zillow or other sourcesTry to find homeowners with 2+ years of delinquent taxes before it goes to auction.   

I am a seasoned investor/RE Broker from NJ.

After all, that is the goal.Any advice or tips from seasoned vets out there (or anyone with experience) would be greatly appreciated.Thanks!

The owner had no idea about the tax lien because he was an older man suffering from memory loss, but when doing an arm's length deal and acting without and agent it's important to do your research.

Is there a way that'd allow me to have her owner finance this and pull out equity in a HELOC or cash-out refinance in 6 months after seasoning while continuing to make payments to my mother going forward?

If the building is newer or very well maintained it may be designated as an “A” Class building which will have a lower Cap rate and on the flip side a B-C older building will be on the higher side.

rents on topsham maine are bit all over map, generally higher than lisbon lewiston but not much lower than Brunswick if inside rt 295 line closer to downtown and river. zillow isnt used much as CL. if you rent section 8 or vouchers look to add price of landlord paid heating, snow ice removal, salt sanding,  which this season has been massive. 

His offer is based on the appraised value of the house (which I agree is fair) minus a 6% realtor fee.I'm not an investor or seasoned real estate pro so would appreciate some advice on how to proceed:-is the 6% discount for a direct sale a reasonable offer?