surely, if ther are reo's going that cheap in the area, you can get one, rehab it and rent for a similiar rate, yet have 35k less into the deal??

I have not had it done, but concrete labor is so cheap these days is hardly seems worth it to have a sidwalk or slab jacked.

Money is cheap!

i've noticed through the forums on here that some say dont buy in the rust belt for whatever their reasons are,and some are,i would like to know everyones opinion whether its negative or positive on buying multifamilies in these states of ohio,pennsylvannia,indiana,and michigan and being from out of state,reason being im finding quite a bit of deals their and some cheap prices.Anyone actually buying at all?

I'll take this cheap money as long as I can get it right now.One thing to watch, I thought the PMI rules changed, I believe the % is much higher now.

For carpet, I get the multicolor commercial stuff - cheap and does not show all but the worst stains.

The umbrella is cheap, mine runs about $190 a year.

Although I guess you end up selling cheap because you bought cheap for the same reason.

Even though they are motivated to sell for cheap, they may have second thoughts about taking low ball offers.

Also, many trades are payment then delivery of files.