I was browsing around and notice there are many many multiunits in Buffalo NY in the range of $9000-Anything.

Hello Everyone,I am just getting into the real estate investment field, and I am trying to acheive success by leaps and bounds.

I would only build half of one structure and then sell it before it's complete or at the very least, have it bound to a strong sales contract.

These were $50K-75K range, but every house in these places had been sold VA or FHA, either NO DOWN, or MINIMUM DOWN.

Someone's bound to have something solid for you.Welcome to the community!

I am very interested in buying a lower income rental here in the Detroit area (50-70k range). anyone have any experience with Detroit RE??

Your comps range was about 10%, but you have to be on the top end of those comps to make your money.

It comes in lots of little bites.Those methods range from mailouts to preforeclosures to newspaper ads.

we're also going to join local rei club (cost $450)if we get positive feedback and some numbers for potential buyers and optimal home pricing - i'm thinking by 12/20 - we'll run our first ad for sellers, pricing homes in a range that we get during phase I (buyers information).why am i writing all this down?

The homes we build are primarily spec homes in the 200,00 to 500,000 dollar price range.