Hi Javier, The deal itself is good from a numbers perspective.

HUD recently accepted my offer on a single-family house, and my bid price is 25% less than the market value, making it a great deal.

I'd like to consider this deal and would very much appreciate any input!

In order to qualify for real estate professional status, you need to spend more than half of your work-related hours dealing in real estate directly, or more than 750 hours during the tax year.

There are some deals out there.

I just met my neighbors who own a duplex. They confronted me about selling their property by the end of the year. I asked him if they’ve heard about seller finance, they were able to understand the concept so they wan...

She saw the stairs, she knows her capabilities, let her decide if she wants to deal with them. 

There's probably opportunity everywhere if you look for it and come across the right deal, but I don't hear investors beating down the door trying to get into Stephenville.Three things to look for to be in the path of progress:1. 

What made you interested in investing in this type of deal?

., $100k-$200k) for reserves, renovations, and future opportunities like syndications or funds.There's more risk with all cash deals.