.: Someone asked me about a Due on Sale suit I was involved in and it reminded me of the many encounters I've had with trying to buy pre-foreclosures and do SubTo.Some of these brutes are big, ugly, scary, mean and volatile.

Hello everyone,I'm currently facing challenges in identifying and establishing my buy box criteria.

Quote from @Skip A Schenker: Investment Info:Large multi-family (5+ units) buy & hold investment.

The way wholesalers get around this is by claiming to simply be marketing the contract and not the property itself (hard to do legally), or by doing a double close (buying the property then reselling it immediately).

I’d also look into using an FHA 203k renovation loan, allowing me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

If you are one those, the MAIN question in the present thread is not for you.I believe many people in this forum have stopped buying tax lien certificates at auction before 2023.

Quote from @Jaycee Greene: Quote from @Mark Daniels: I know in residential lending you can get a HELOC to borrow a down payment to buy another property.

You can still build two separate homes on the same lot, offering investment flexibility.The streamlined approval process is a huge advantage, cutting out the red tape of lengthy public hearings.

Investment Info:Single-family residence buy & hold investment.