Talk me out if a sheriff sale!!!

Purchase price: $75,000 Cash invested: $30,000 Sale price: $206,000 This was a great little rental in a good neighborhood.

This bulk sale was for around $70k a unit.

There is a house for sale or rent sign on just about every block. 

Absolutely, but it will be helpful for the small handful deals you are representing yourself in an open sale, but in private sales it is becoming harder and harder in the current market climate to say I want to buy your property and you are going to pay me a commission on top of that.

Why are you looking for FSBO's or private sale?

This kind of strategy closes more deals and is well known in the sales and marketing industry.One day it occurred to me to use this strategy to make offers.

One of the hardest challenges in my experience is how un-structured many of the richest data opportunities are (county foreclosure lists, auctions, for sale by owner, etc.).

The IRS has a 120 day first right to redeem the property AFTER a foreclosure sale before they have to release their lien interest.

To find a deal under 300k....I would pull the sale records for multi family in the specific areas you want to buy with a max purchase price of let’s say 250k.