Hello, Fellow Bakersfield, RE investor. I'm new to the RE investment here in Bakersfield and would like to know if investing in the Oleander area is profitable. I'm looking to build a MFH in the area and would like to...

I am focusing on trying to find off market deals and working with creative finance since expansion is slow moving based on my salary, and I'm too impatient to wait for the duplexes to earn another down payment.Is there a financing option that I am missing to get a loan for a down payment?

In my market, buyers have to have an agreement signed before we can take them to see any properties.

To each his own  I prefer a  hands off approach:) 

Go to ReventureApp.com and put in your ZIP Code to see the condition of the Market in your area.

Considering purchase in Georgia market that is currently rented as Section 8. 

Purchase price: $175,000 Cash invested: $43,750 Under market purchase.

I am now approaching 115+ days since assignment on my first 3 deals and because I am in NYS, my attorney tells me that I cannot even speak to buyer’s or seller’s attorneys due to “breach of contract”.I lost my first deal in fact because we were hindering on 130 days since assignment (should have been long closed) and the city decided to demo before we closed and were able to takeover in court. 

An apartment complex or even a small multifamily where 90% of the residents are paying market rent and 10% is legally set aside below market.

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