Anywhere to buy investment property without a negative?

General Real Estate Investing
1

With prices of homes being what they are, is there anywhere left in the USA where investment property can be found with little or no negative on a conventional loan purchase (10% to 20% down, 15 to 30 year conventional financing?)

I don’t mind Section 8 housing, but I need to have the renter pay the mortgage.

Any suggestions?

Thanks

CB

2

Go to your local REI club and start looking for disgruntled landlords that need out of their property and are willing to sell for a big discount: http://www.reiclub.com/real-estate-clubs.php

3

CB,

Yes, most of the United States have properties that offer a positive cash flow. However, in EVERY market, these deals are difficult to find. You’ve got to put in the work to find the good deals. Don’t settle for a property that loses money. A deal that simply covers the mortgage is a HUGE loser! What’s the point of an “investment” property that loses money?

Good Luck,

Mike