Updated over 17 years ago on . Most recent reply
Foreclosures for a first REI deal?
I'm in South Florida. We had a huge real estate market boom... and an equally huge crash. The deals have to be out there... but the problem I've run into is that the rents are very low in my area.
That being the case, is it a bad idea to look at foreclosures as a way to increase my margins, thus accommodating for the low rents?