Hi, I have a question. I'm new to this site, and very interested in getting into real estate. I've been looking through Ebay for a while now, and notice alot of distressed homes for sale/bid, anywhere from $2000 to $50,000 and of course more. I am aware that most are in very bad condition and not in the safest locations. However, I got my eye on a few. Especially a 2 family in PA that is being rented right now for $600 each apt. This particular home is selling for $15,000 and doesn't look in that bad of shape. My credit is pretty bad right now, and I don't have much money to throw down (living in NY you need good credit or a big pocket) which is why I'm asking about ebay. I was just wondering if anybody had any experiences with real estate from that site? I hope to be a regular here soon, sharing all my success with everyone. I just need that first deal.
Hi, I have a question. I'm new to this site, and very interested in getting into real estate. I've been looking through Ebay for a while now, and notice alot of distressed homes for sale/bid, anywhere from $2000 to $50,000 and of course more. I am aware that most are in very bad condition and not in the safest locations. However, I got my eye on a few. Especially a 2 family in PA that is being rented right now for $600 each apt. This particular home is selling for $15,000 and doesn't look in that bad of shape. My credit is pretty bad right now, and I don't have much money to throw down (living in NY you need good credit or a big pocket) which is why I'm asking about ebay. I was just wondering if anybody had any experiences with real estate from that site? I hope to be a regular here soon, sharing all my success with everyone. I just need that first deal.
Thank you,
Mike
You can either look for opportunities or make them.
http://www.deangraziosi.com/real-estate-forums/investing-journals/75933/...
http://www.maxwellpropertysolutions.com/