An adjacent similarly sized property is currently for sale for $350k. 

Here are a few areas we like to recommend to investors: Cheviot/Westwood“Stable” sales market with predictable rental income and stable tenants.

I have purchased a few properties through tax sales, sometimes you can find great deals.

Hi Mariangela,As Jonathan mentioned Boca is a wonderful area, but it is a majority primary residence with a heavy HOA oversight.

Possibly buying a home that is for sale by owner.  

So let's say that you've got a house for sale and you accept a buyer's offer contingent upon the sale of a property they own.Then you get a cash offer from another party wherein their Realtor tells you that in your state, if you, the seller, gets a cash offer, then Buyer 1 has 72 hours to come up with their money or lose their contingent offer.Not getting anywhere looking this up, so BP is the go-to info machine.Something sounds off about this.....?

I would first get clear on where you are heading, and how much you are expecting to clear from your sale in order to better establish a buy box for the replacement property.

Similar to signing a listing agreement before listing a house for sale with an agent, a buyer representation agreement is now required when working with a buyer's agent.2.

I'm wondering if this would qualify for conventional financing, or I would be looking at commercial loans only.

I have equity in both of my properties that I can leverage against if necessary, but I'm wondering how I would go about finding private lenders to discuss options.