The concentration of massive, unchecked power in a single Director marks a departure from settled historical practice and makes the CFPB unique among traditional independent agencies.”The Bureau was created in July 2011 out of the Dodd-Frank Act.

You pay at or above retail for a property that is likely to get no appreciation.  

I have a property should have been a winner but ended up being an ugly monkey on my back for the last 8 years.  It currently loses about $1k/month which is about what the principle payments are (yes, there are 2).I bo...

Then I looked a little harder and found basic one-handle Grohe stuff through the same retailer starting at $100.

Idk know if this is a good one or not but consider you might be paying 20%+ over retail (based on the 51k one) just for the chance to collect rent on what appears to be a non appreciating asset.

(I'll leave the ethical and legal implications of doing so for another thread).Once a property is listed for sale on the MLS, Zillow, Trulia, Realtor.com, Redfin, (the list goes on and on), you can assume everyone else (investors, wholesalers, realtors, and retail buyers) has already seen it, making it much harder for you to make a deal with the seller that is favorable to you. 

Go read up on strategies used by wholesalers to find deals (mailers, knocking, etc), and do that stuff.It's probably been over a year since I did an FHA mortgage for a 2-4 unit that was...In one of our core markets,Arms length,Retail/MLS, andFHA.Start crossing one or two things off that list (skip Oakland and go to Stockton, befriend the seller, put 20%+ down, etc), and yeah those deals happen all the time.

My guess is all systems will need to be replaced for a retail flip and high end finishes will be expected.

From a commission standpoint, 3% is typical for residential retail real estate.

Credit companies get the info with a time lag …and an uncontested foreclosure in IL is pretty quick…8 months and 1st position is available for sale.The returns and cash flow, obviously.If you're buying foreclosure sales you're looking at inventory where the 1st mortgage is being foreclosed, which retail buyers of 2nd mortgages try to avoid for the exact reason you mentioned - they would get wiped.