Updated almost 5 years ago on . Most recent reply

First investment property
Hello All,
I am purchasing my first Multi-family property this year. I currently live in NYC where properties are far too expensive. However i have a few investor friends who i know purchase strictly foreclosures or pre-foreclosure homes. Can somebody give me a few pointers or steps on how the foreclosure/pre-foreclosure path works when trying to purchase properties at a deep discount?