You can use a list provider like Listsource to get you a list of absentee owners or if you have MLS access you can pull the list yourself.

That's why areas like PG are booming at the moment due to the affordability and accessibility to DC.

Good thing these stairs are only used when someone needs to access the roof.

. , the apartmentsoffer easy access to Interstate * and Interstate* and shopping within walking distance whilestill remaining in a quiet setting.One of the apartments has been converted touse as the management office, bringing the currentnumber of rentable units to 79.Units are 850 sq ft with 32 units having gasforced air heat at the tenants expense and 48with gas hot water heat at the landlord expenseThe property is currently renting at just below market but has enjoyed consistently stable and low vacancy rates.

So you will need quick access to proof of funds letter.

I feel this would be a very solid investment based on location, condition, ability to upgrade...oh and its only a block from my house (which I'm happy with).

This flip should cost approximately $50,000 in total, assuming we hold for 6 months, I will owe about $1,100 for the access to the cash ($50,000 x 4.75% x 6mos/12mos).

With Fannie Mae/Freddie Mac, and the banks loaded with delinquent and vacant properties, the idea was to sell huge blocks of properties to institutional investors to be put out as rentals.

Are either of you licensed real estate sales persons that have access to the MLS to find deals, comps, etc?

If you work with a broker who has access to 50 lenders then they will shop for the best rate for you which is much more in your favor and believe me it makes a big difference.