This forum has been an absolute wealth of information around the foreclosure process and trustee sales.I've been heavily researching tax sales/foreclosures for a few years now and finally feel ready to take the jump.

This experience inspired me to become a landlord myself and one day offer the same opportunities to families in need.

Looking forward to learning from you all and this site!  

This process updates ownership records at the county level and makes the sale a matter of public record.2.

I am considering to buy an empty lot, then build a single family house, and finally sell it.Do you think Staten Island is a good place for this business?

In this case you can do up to (6) residential units and (1) office space...but that is the cap. otherwise 4 units is the most you'll be able to build.

Where would this credit be applied to ?

My name is Leo, and I’m excited to join this community of real estate enthusiasts.

In this case, the tenant moving wouldn't be that big of a problem since they are so far below market rent.

So, for my proforma, how much does a developer or  assisted living company pay for entitled land in this type of space?