This was something I was intrigued about and the post jumped back to the top of the list when you asked yours. 

Even with all I mentioned and forgot to mention above the real estate money was easy moneyHere is the house https://www.corcoran.com/nyc/Listings/Display/4778829?

What you need to do is sit down and make a list of your 3 month, 6 month, 1 year, 3 year, 5 year, 10 year goals.

If I listed it for $600K, it would go under contract in a week. 

Let's connect so I can get you on my exclusive investors list.

Initially, I had listed it and found a buyer, but the deal fell through when the buyer had to back out.

Last year my best deal came from calling the tax delinquent list.

@Tricia O'Brien a list of questions is almost useless - unless you can VALIDATE the answers!

Common sources of such properties include:Foreclosures: Homes that have been repossessed by banks due to non-payment.Distressed Properties: Homes that are in poor condition and need a lot of work.Auctions: Properties sold at auction for below market value.Off-market Deals: Properties that aren't listed on the MLS but are available for sale through direct outreach or networking.The key is to buy a property at a price low enough to ensure that even after renovations, the home will appraise for a higher value.2.

They originally listed at 500k.