My strategy is buy with cash, then my commercial lender gets a BPO and gives me an 80% LTV Line, if i buy another using the cash from the line, I then take out permanent financing, and pay off the line, and start over again. if you steal the property, my guy lends on the BPO, not the lesser of purchase price or value (many use the lesser amount) having cash in hand or a line against equity is about the same in my book, just never against my personal residence. 

When you stumble onto them the payday is almost assured.Don't follow the mainstream, do what others aren't and steal the show from backstage.

Never fails some idiot finds a screwdriver and tries to steal the $9 in the coin opp and it needs repairs.

you both can walk away from the deal at any point and did they have insurance....what I'm saying is most ppl sell as is due to lack of funds/interest in fixing the problems because they could invest $10k and make $50k when selling I would have the place reinspected and attempt to lower the price to cover most of the damages your already at the table nearing the finish line you have allot more power than you think speak to your attorney as to what you stand to loose by walking away like earnest money if u can accept what he says you stand to loose NEGOTIATE who else is coming to buy these pls damaged hurricane prone home but you, just FYI my first house asking was 380k as is I offered $300k then did an inspection and came down another $7k i represented myself the sellers agent yelled and cursed at me claimed I was trying to steal the house we closed 3 months later your at the table your better off doing the renovations yourself anyway 

@Dushyanth Malkud I recently bought a triplex in the Rome area and I must say, it was a complete steal.

If you find a buyer and make them aware of the property before you sign a purchase and sale agreement couldn't they steal the property from you ?

The home in question is worth 110k +. 55k is a STEAL.

Unless I'm missing something......Blame the illegal operators, not the government.When people steal things, we have to create laws.

They just withhold it entirely, forcing you to dig under your sofa, borrow from credit cards or steal the money from elsewhere in order to improve your own house enough to be able to kick the deadbeats out of it.By the time you've dealt with your tenth tenant or so, you begin to see certain patterns among them.

Some companies use "Housesitters", which we no longer due after two negative occurrences: 1) A housesitter let their family move in to squat2) The housesitter let their friends steal the mechanicals they were supposed to protect***ask yourself, what quality of person will spend the night in a property on a cot for $10-15/night?