But in general, distressed (motivated) sellers are the sellers to seek out, and the list of such sellers will certainly only yield one property per seller for the most part.

I am seeking any constructive advice or criticism, as well as recommendations on the best places to purchase these sort of properties.

I read about hard money and private lenders but don't know if I should seek their services or deal with another source.

seeking your help.Richard

HI Troy,Regarding lending based on DCR and cash based debt coverage, DCR is mainly used by commercial, local, and business oriented bank loans, while conventional financing and residential 1-4 lending generally focuses on debt to income.45% Debt to Income (DTI) = $2.22 dollars of cash flow or gross income needed to be shown for each dollar of monthly obligation you're looking to qualify for50% Debt to Income (DTI - $2.00 dollars of cash flow or gross income needed to be shown for each dollar of monthly obligation you're looking to qualify forThe above are some examples as each bank has different ranges of requirements.If the max is 45% DTI and the borrower is seeking a mortgage of 1500 but net rents are 750 then they are seeking to qualify for a net -750 which requires 2.22 times the income to receive an approval which means they need 1665 gross monthly income.Hope that example helps conceptually explain the residential vs commercial lending aspect.

It's on its way up as trendy weekend destination for those seeking to escape the big city.I own and manage a multi-family (4 unit) property downtown, as well as manage a large multi-use commercial property, with restaurant/assembly rated spaces and office/retail spaces.

Welcome to BP @Terrell Perrin What kind of properties are you seeking?

Im a young new investor in the DMV area who is currently seeking any seasoned investors looking for assistance in their flips.

Which came first…hard to say.I have never reached an impasse in negotiations b/c of a claim in seeking excessive profits but it has been just another thing in the long list of claims buyers/realtors make to justify a low offer.

If so, you may be able to foreclose, but seek legal advice.