I am looking at a vacant property in my target neighborhood and from what county records indicate, the subject property has been used as collateral for the owner to purchase their primary residence. 

Looking for suggestions...We have a two bedroom condo in North Dallas (North of LBJ) in a decent neighborhood. 

You're not investing in an MSA... you're investing in a neighborhood, in a township, you're investing in a school district, you're investing in locales.... and that's incredibly difficult to do if you've never been here. 

Get proper insurance, also if you did buy in an LLC you would probably have a much higher down payment requirement in the neighborhood of 20-25% as opposed to 3.5% FHA

I will definitely get in touch with you once I have a bit more experience and have experience closing a few deals.Do you specialize in a particular neighborhood in NYC?

Please evaluate and lend opinionsForeclosure REO Bank asking for $135k2 Unit 4br/2b 1,687sq ftComps are low 160s high 180s But i will be conservative and say $160k for similar house sold with the same square footage The home from pictures look to be in fair condition and in a C+ neighborhood next to a military base.Firs step i went to get pre qualify with a bank to see an estimate on how much i qualified for$100k since this is not my first property (living in a SFH under VA loan) I would like to go with a HML to speak the process and go that route to BRRR the propertyHere are some question i have,1.

@Peter Stewart What are your thoughts on the Mapleton-Fall Creek neighborhood for next 5 years?

@Blair LeeWhat kind of neighborhood class are you considering Are you more concerned with appreciation or cash flow

Based on comps in my neighborhood it would be $3 mil or just over.  

I do see some but in D neighborhoods boarded up..