While a typical buyer may look at five to 10
homes before making an offer, an investor who
makes bargain buys usually goes through many
more. Most experts agree it takes a lot of
determination to find a real "bargain." There are
a number of ways to buy a bargain property:
*Buy a fixer-upper in a transitional
neighborhood, improve it and keep it or resell at
a higher price.
* Buy a foreclosure property (after doing your
research carefully).
* Buy a house due to be torn down and move it to
a new lot.
* Buy a partial interest in a piece of real
estate, such as part of a tenants-in-common
partnership.
* Buy a leftover house in a new-home development.
Copyright © 2007 Inman News
All Rights Reserved
Back to Top