In other words, purchase price below market value, creating equity on day one?

Study the market.

The credit committee is usually made up of local people who are familiar with the market they are in.

Yes, investing in Ohio's market is a good choice and my clients from all around the world would agree if you had any questions, please feel free to reach out!

In today's market, with low foreclosure discount compared to past buyer's markets and a lot of "motivated buyers", the risk/reward ratio keeps me far away from the courthouse steps. 

To the housing providers in Pomona ...how can we teach the Mayor & City Council of Pomona about the economics of and business fundamentals of providing our products to the market (housing)?

Especially right now, when it's such a strong sellers market.

Her deep knowledge of the market allowed me to identify properties that were not only viable but held substantial equity potential.

@Mann Phan When you went to buy you should have done an analysis of a few things; market for property value basis and market in general - rental market and viability of that - CAP-X, to assess exactly where everything in the structure is at, how much life left, and formulate what impactors are potential to come and how soon. 

@Myrtle Mike Thompson hit in on the head.we did around 145k in our two beach houses this year but we bought two 4/4's for $570k that are worth around 1.2mm right now and used mostly cash, leverage of around 200k from a portfolio- total on them.deals are out there but in my opinion you need a good realtor for boots on the ground and insert yourself into the market your looking to buy.