Consider your costs to acquire a property, financing, insurance, payments, title and settlement, that alone can get an owner to be motivated, especially in a slim deal, toss in a couple grand, show they are out of the loop, everything will be managed for them.

In the market I'm located in, I could definitely buy cash, but would rather capitalize on the low interest rates and acquire more than one property.

The properties are in both of our names, I was going to get a mortgage just in my name (which alone I would qualify for) and be solely responsible for the acquired mortgage.

The properties I take to auction are properties I have acquired via tax sale foreclosure.

We live in NYC, but will start acquiring property in the south so does the taxes work where business is located or location of business?

We live in NYC, but will start acquiring property in the south so does the taxes work where business is located or location of business?

In our newly acquired 4-unit building, one of the tenants smelled gas and called the gas company.

Just because they want 85k doesnt mean they have to get 85k.Life happens to people but if you acquire this property with no equity in it your setting yourself up for some hurt down the road.You need multiple exit strategies if things go south.

From past experience I have found that onceyou show ownership via owner contract, it is much easier to acquire financing througha lending institution.

You can also set key word alerts to keep up on topics of interest or on certain locations.With your background I would look hard at properties that are in need of fixing up, that you can acquire cheap then fix up and rent for high cash flow.