The "Distressed" market as a whole, including detroit, is below 20% right now REO & SS combined, in the markets mentioned above, I haven't pulled it, but I'd guess it's under 5%, maybe even under 3%.

If you contact them as an agent, it is expected that you have Their best interest in play, which would eliminate wholesaling it for a profit, or buying it below FMV.

It is a good rendering of below market properties throughout the valley.I like it for my uses and hate to lose that, the monthly price is just over what I comfortably want to pay.My question is: how useful would something like this be to an investor who is purchasing multiple properties a month?

I talked to the mortgage broker who I used to purchase my home two years ago and he said that any loan amount below $75k would be a loss to him and the difference would come out if his own paycheck.

I have a tenant paying way below market rate, i want them paying a bit more or vacating.

My personal goal is to own between 20-30 SFH which I will eventually sell out of and use cash to buy a run down below 70% occupied multifamily in a B class area.

I am interested in investing in the Montgomery County area and have noticed many condos that were selling for $200k 5-10 years ago are now either in foreclosure or selling for well below that - maybe around $95k.

Consider what you are familiar with now student housing see below.

Look below this Window, and you will see a list of names of people that have posted in this thread.Click on the name of the person that you want notified via an email, that you responded to them.If you are a Colleague with anyone that has NOT posted in the thread, and you want them to see your post, hold down the shift key, type the @ and the first 4 letters of their First or Last Name.Then look below this Window and click on that person's name.Raymond

As mentioned here - HUD listed properties are also in the MLS so...you have to buy them WAY BELOW what they're listed on the MLS or else you cannot wholesale them.