. $3900 for a house is not that uncommon. i bought a 1 bedroom, one bath house for $500 one time. yes, thats right, $500. the city had taken it for back taxes, both owners were dead, and the kids did not want the place, so they let it go for back taxes. i bought it from the city for $500 and put about $5000 into it. rentedi t out for many years, then sold it for $10,000. i have bought a house for $1700 thru a back tax deal and another for $4100 thru a back tax deal. cheap deals are out there people, you just have to look for them. good luck with your plan and keep us posted

If I was single and without kids, I would definitely do the same thing.

As in, if someone is deceased and you need to find their heirs, first look down a level to their kids.

Lol...just kidding!

@Jeffrey Sherman First of all congrats on the kid.

(I don't expect to have any kids of my own.)10) Having built a scalable business that doesn't depend on my daily hands-on actions, over time slowly work myself out of a job as I move into retirement.

Take your dog and go for a walk, or borrow a dog or a kid in a stroller...

The single and working are usually looking at 2 beds.The older are looking for 1 bedFamily with kids want 3 plus a yard

I am new to BP I haven't even complete mt profile I apologize to all for the unprofessional approach but I'm in a difficult situation.I am a new investor I have a decent income no wife no kids trying to build wealth.I found out yesterday my parents are loosing their home due to an unfortunate mortgage lender scam Long story short they've been paying the mortgage, so they thought however the mortgage Co sold to another bank without their knowledge so the bank hasn't been recieving their payments and now the house is listed in a forclosure auction to be sold They aren't as educated on these processes and I had no idea until last nightThey now have no means to get a loan or keep the house They worked with an attorney that apparently wanted nothing to do with the case and they waited too long to take action now it's too late The online auction ends tomorrow and I would like to bid on the house Buy it under my name lease it to my parents until they repair their credit enough to buy it back from me They were making 1700 a month payments So I know they can pay at least that I can get the house for less than 150,000 fees and all I need immediate help getting a private money loan for either the full amount or for a 20% down payment Let me know of any ideas you may have or any more information you need Please help in anyway forward to anyone you know that wants to lend money on a sure thing Sorry again for the lack of professionalism but I have no where else to go and have no idea what to do.Thanks 

If, however, you're converting it into a "targeted" property (a rental where a kid will live), you need to get certified and follow RRP guidelines and lead abatement laws.