Jose Corbera 4% for 30 years is cheap.

Again, these houses are really cheap and for the most part I can pay cash for them, but I just spent my reserves on the rehab of the recent one so I need to build it back up again.

The seller's only incentive is to do it cheap. 

I bought my first for 16.5 and learned quickly why it was so cheap.  

My husbands uncle ( 70 years old) has a home he owes about $50,000 on.. current mortgage is $650.. he also has some credit card debt to the tune of $10,000.. with his social security he barely gets by and counts every penny.Here where the real estate investment part comes in...bare with meThe home is in dire need of rehabbing.. but he has no money to do the repairs.. in the current state the house might fetch $110,000.. comps in the area for moderate upgrades sell for $185,000-$210,00..He considered selling cheap to get out and buying a condo.. but he would still be cash poor.. he figures what he could sell the house for would pay off the credit card debt, and give him some money down on a condo..

But with all of the things that have happened, I don't regret buying there (and I still buy here), because I bought so cheap and now the values are really coming up.

Cheap interest rates also

I wanted to see if that would be good first steps and then go from there.The best way to get some cheap leads is to hit up the county auditor or treasurer for a tax delinquent property list.  

This shows what type of tenant might be ideal for the space and if they are national, strong regional,or mom and pop in nature.What type of tenant determines structure and negotiation of the lease with tenant improvement credits,etc.I would not mess around with some cheap generic lease bought from Office Depot.

I've passed up on a lot of cheap houses in crappy neighborhoods to get a okay house in a great neighborhood.