I heard from biggerpockets and other speakers that vacant houses are good to target for a better return.Someone in my neighbourhood,MD,left their house and it is vacant now.The people living next door told me they might have left for good for financial reasons.I realy want to buy the house.What are the possibilities and what can i do?
Appreciate your feedback.
I'd decide how you plan on managing it, yourself or through a property management company.
And how do you plan on financing it? 20% down, conventional loan or creative financing? Hard money, using your 401K?
I'd first start to see if you qualify with a lender as step number one. Then go from there.
Appreciate your input.But is there any way i can buy it before it is up for sale ?I dont know whom and how to contact?
Thank you Ibrahim.
How do i know the status of the house and who owns it?