too much money chasing to few deals which leads to over paying.also sellers know this so they keep reserves up.. key is to follow them many times they don't sell and come back on at lower prices you have to work to get deals on that site..

It's a 2 bed/1ba that I have rented for $1200/month.My other properties are further out from the city center and in safe, but more lower middle to middle class neighborhoods. 

The Zestimate on my house has gone up so now it is around 230K, still lower than what it should comp at but much better than the original price they had it at. 

Also, just wondering if the foreclosures ever auction for lower than the price owed on the mortgage? 

June 1, Would I be able to refinance to a traditional type mortgage or any other low interest mortgage to pay off hardmoney lender but be able to hold on to the property at a lower rate until it sales? 

Upper (and lower) South Providence has had some economic redevelopment type money for specific properties over the past decade, but I don't necessarily feel it's improved the neighborhood as a whole.South Providence is a closer to downtown, but Silver Lake is closer to the west end which is also nicer so I think they're about the same, if anything Silver Lake is slightly better since downtown/downcity isn't really residential.

(Of course assuming they're all the same price and add up to the purchase price of 1.)This is extremely powerful because although your net income from each will be LOWER (due to paying a mortgage), you'll be more diversified.

Plus it seems that even lower income renters want granite counters. 

Mostly lower new haven county.

With that much equity you mine as well seek a deal at a lower amount where you control your own destiny and have to report to nobody.