First and foremost it is important not to be lured by agents or big investors. These days there is a lot of talk about coming into the system without any operating cash or credit. This is true, but then the right method of funneling into such properties is important.
Foreclosure is a great way of earning but then it implies that a buyer settles for a price less than the original, it is thus important to have legitimate backing from a regulated body like FHA who can take the brunt of such dealings for an investor in the event of a payback default.
Another fundamental is shying away from dead properties.
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