1. if you are getting a loan- put as little down as possible. less risk for you and more risk for the bank.
2. look for a realtor that know HUD foreclosures.... i buy almost all my houses at HUD forclosures.... HUD is govt own properties.. Govt dont care what they sell the houses for.... a computer not a person that set prices- which mean sometime you get super discount...
www.hudhomestore.com
3. and yes i am a millionare... i just contracted a house today for $12900 and sold it in one hour for $30000.
