I have also bought a handful of rental properties that have been doing well.

Click the "Store" link at the top of the page and buy BP's book on Note Investing.

The info provided is from a wholesaler Please note he states its a teardown and the asking price is more than the comps he provided which are larger properties than the subject property.SFR2 bed / 1 bath 792 sf Lot: 8,599 sfPickup Price: $475KEst Rehab: $775KAfter Repair Value: $1.8M ($450K per unit)Tear down existing home to build 4 brand new townhouses with 3 bed 3 bath and approx 1,500 sf each unitComparables: 12307 Cheshire St # A Norwalk, CA - 3 bed 3 bath 1,322 sf Sold Price: $435,000 14786 Pioneer Blvd Norwalk, CA - 3 bed 3 bath 1,483 sf Sold Price: $422,000 12309 Cheshire St # C Norwalk, CA - 3 bed 3 bath 1,142 sf Sold Price: $417,000

I bought my first house a few months ago with an FHA loan and really, your broker or lender should be the one telling you what to look out for since they would be the ones financing it. 

Welcome to Bigger Pockets.My wife and I are relatively new real estate investors in Hilo on the Big Island.We bought our first SFH earlier this year, we renovated and then rented it out.We close on our second fixer-upper in Hilo this week. 

That may be 5, 10, 15 years or whatever you two decided when you bought the house.

I have bought and sold property and worked a TON of overtime to get this so it is pretty much all I have lol.

Hello BP, I bought a SFH in 2017 and during the closing period, there was some water leaking into the garage after a rain.

I have been doing this for the last six years and over the last 3-years have bought, developed, and sold over $67-million in development projects.

@Daniel Guerra  Me , no I havent bought at a sheriffs sale .