Is this true in your experience?

Jerrell,That would be a pretty simple process you could use a renovation loan or do a cash out refinance. 

Food in fridge is from April this year and it basically looks like someone was half way through moving out and then something happened and so a bunch of stuff is still in house. specifically one room filled with about 10 burner phones, 3 tvs, personal clothes, mail, kids personal items and bunch of random stuff new with tags, etc etc. he also had pets which was against lease term. one of the rooms was used as a pet room completely destroying carpet and staining walls with urine etc. 

Muddy up the waters more than that and it can become impossible to leverage.  

You don't realize there was/is an issue until someone is living in it and using everything all the time. 

The more affordable price points with foreclosures the less the discount tends to be. 

We have a lot to be excited about in our market! The gift that keeps on giving! 

Because every time you use your license, you are acting under the Broker's license and he/she is responsible.

I was drawn to this deal because it aligned with my vision of revitalizing the Morganton community by creating much-needed housing.

For an owner-occupied property with 5% down, consider a conventional loan with a renovation option like Fannie Mae  or Freddie Mac.