I hope that we continue to see you around these parts!

My thought was to buy a 3 bdr house for 24-30k in a mediocre area.....clean it up and rent it out then possibly continue until i have reached my goal (15-20 properties). please help with any advice but try to stay on topic thx.

Investors who look at the long term, however, see an unprecedented opportunity--it simply takes a little rethinking of your strategy.Houses for sale are abundant, and with rising foreclosure rates, will continue to be so.

Please continue discussions at:http://forums.biggerpockets.com/viewtopic.php?

They were speculators betting the price of housing would continue to appreciate, and they would make money when they sold.

Please continue the discussion at:http://forums.biggerpockets.com/viewtopic.php?

And when they are going to do this the property usually does not make it to the tax sales as they "conficate" the property and sell it themselves for what is owed.I would think that they will just sit back, knowing that you can not sell that property or even get a loan against that property without satisfying their lien as it will be discovered in any title search that is done.

I see that you've gotten a few of your questions answered, and I hope that we can continue to do so.Let us know if there is anything that we can help you with!

I needed a place to live but didn’t want to continue renting.

I am 28 years old and have been paying $2350 on top of our $1200 monthly payment on our 120k house (taxes are about 400 a month here) @ 6%.I was wondering what would happen if i paid it off, but then continued to buy one house at a time as it is paid off too.