Millions upon millions of jobs lost "forever" ("exported" to the "third world"), more millions lost half or more of their retirement accounts, creditors slashed and burned consumer credit to the point where, by the banksters' own numbers, some 74% of Americans wound up with "bad" credit (it was only 47% before they did that), ...Now, add in the knee-jerk responses in the lending industry and you've got a situation where only the elite of formerly middle-class wage earners can even hope to qualify for new home loans.In fact, the given the current housing shortage (yet more fallout from the crash), it is ONLY the dearth of lending which is keeping home prices from launching into interstellar space by suppressing demand.

If I get a response from one of my "We Buy Houses" ads and the house doesn't need any remodeling. If it did need remodeling, I could wholesale it to a rehabber.If it doesn't AND the owners have a mortgage, I could sub...

Seller financing4.)

If he agrees to a zero down seller finance purchase then it looks like a decent deal.

If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.

I had the condo for 5 years now and It is in a very high demand area.

Sellers of course have every right to reject any or all parts of your Offer.

I see some MF properties that could possibly work if you were able to talk the seller down in price, but at the same time have been on the market for 3 or 4 months or more.

Hi @Kevin Wong, I am also looking around Albany area as well, but with no knowledge of the albany location and the rental demand.

You can always hit up the original seller of it and see if they have a buyer who would be interested.