Hi Brian, It's great to hear that you're exploring your options for purchasing another owner-occupied property in the East Boston/Chelsea area!

in hopefully launch into a real estate sector I would like to pursue, learn more about and purchase, etc. 

You can't target motivated sellers, and all these lists you go after that are "distressed homeowners" have a 99.9% probability they are NOT motivated. so you are SERIOUSLY making it DOUBLE harder for yourself to succeed.So not only are you telling people to zoom in on a much smaller audience, instead of going after the larger motivated smaller audience,  but also, that smaller audience has a 0.1% chance they are motivated.Data.

Recently purchased a 4000 square foot commercial office building in Canton OhioLooking for an inexpensive insurance solution. 

Ironically, the offers we had from private entities to purchase the property were approximately $200k less than the final price.Why was this the case?

Hi Sam,Many purchase & rehab financing will consider ADU construction as part of a medium/heavy rehab, rather than a ground up construction.

I've purchased a couple properties this way.

Purchase price: $35,000 Sale price: $50,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Marina Rad, successfully completed a quick sale on Mumford Rd, Greenville, NC 27834.

Purchase price: $220,000 Sale price: $275,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Pat Rosati, successfully completed a quick flip on Cornell Ave, Drexel Hill, PA 19026.

I just signed up & purchased $20 of skip trace.