I'm in the process of gettting my sales license here in Texas and was hoping to specialize in investment properties.

Specially if they have to spend money to do something.

I would also recommend maybe having someone represent you that specializes in that type of purchase/sales.

If it has poor equity, you don't want it anyways (unless doing a short sale).Qustion #4: There are special circumstances (such as short sales and rehabbing) that give an investor a comparative advantage over the the home owner and are where the investor adds value.

Thanx for the response........let me ask......are you actually taking title to the properties or, closing out developments and being allowed to offer special concessions?

I can imagine that would be really tough to find in most major metros. some condos dtown chicago go for 950 a month for a studio and I'm pretty sure I can't find a seller that will sell it to me for 95k.But at the same time, just because I'm not in an area where SFH cost 50k, and you can easily apply that rental rule of 100 to, doesn't mean I shouldn't be allowed to play the RE game.There has to be a model in which people from big cities run their analysis through that has to differ with people from smaller cities.

Unless you own some land that they want to rent, it's probably pretty tough for you to get a superior return when dealing with those big boys.I think if you were to "google" the words billboard and Houston you might find some pretty good background on how one of those outfits was continually hosing a landowner in Houston and the ongoing (for about 8 years) legal battle he had with them.all cash

You'll need to team up with a mortgage consultant that specializes in investment loans

I specialize in single familiy residential.

Scenario: excellent Fico score 880, liquid assets, and want to make a purchase in the 30K range for an investment property but don't want to use cash.You'll have a tough time finding lenders that want to mess around with a 100% LTV for investment properties under $50K at low rates.