Plus you should list on MLS for max exposure (even if you do it with a discount web site, etc.)I know it's counter intuitive, and I'm an investor too looking for the best deal.

I think if you do some web searches you'll find the Montelongos have some bankruptcy issues, so they probably need your 30K more than you do.

This particular search found the following (off the top of my head): HOT wires loose under the insulation in the attic; non-working plugs and switches throughout the house; numerous aesthetic QC issues; showers/sinks with no hot water owing to incorrect plumbing; a hot wire SPLICED INTO A METAL LAMP CORD found in the attic… In a nutshell, his entire house had to be rewired because Bob had turned it into a FIRETRAP; on top of this, two dishwashers were “removed for faulty (insert excuse here)” and replaced with inferior models, in addition to a stove, during the three or so week period.Now, let’s go back to my place.

I work full-time as a web developer in DC and hope to use that profession to support my real estate investing on the side.

Bergen County has the sheriff's web site where you can search for foreclosures:http://www.bcsd.us/Pages/Foreclosures.aspx

I've been threatened, had a gun pointed at me, hung up on, and made numerous contacts that "disappear" at the moment of truth, but I can eat an elephant as long as I take it one bite at a time.

During our numerous visits and meals with the sellers we obtained many details about the property.

Hey Everyone,My name is Eyal, and I live and invest in the Los Angeles area.I come from a tech and web start-up background.

that I really like and respect about BP as compared to so many other web forums where it seems like the members spend more time flaming and putting each other down as they do exchanging actual info!)

Numerically speaking, the numbers sound great, but being that's so cheap and in a rougher area so the numbers can be over inflated when you don't take into account tenant issues, maitenance, and possible turn over.