Updated over 1 year ago on . Most recent reply
buying foreclosed homes
hi all. I am new to real estate. I just bought my first duplex near Scranton with an FHA loan. I am currently looking for renters, its only been one month so I am not worried and the property is in good condition. I noticed there are a few single families and foreclosed homes in that area as well. I am wondering if it is a good idea to invest in one of these foreclosed homes or old single families. the prices there are actually extremely cheap compared to where I live in new jersey. my overall plan is to own multiple rental properties. what do you think on buying foreclosed homes or single families for investments near the Scranton area. I am open to any advice or suggestions to anyone familiar with this area.