Recent market conditions now allow investors to get cash on cash on rental property. The REO inventory now includes homes built in 2000 or newer at record low prices. For example in Tucson homes can be purchased that are 3br -2ba and built after 2004 2004 at prices lower than 90k . These low prices now allow investors to get cash flow. It is possible to find a home priced under $65,000 ready to rent. Rents for 3br 2ba range for $800 to $950 allowing the investor to get cash flow with a reasonable down payment.
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Investors can see the daily opportunities that hit the market. Hud homes and Bank Reo Properties are the best opportunities to search for substantial equity on homes.
By watching the daily inventory and tracking Bank owned property one can find these unique opportunities.
