The informations Va Foreclosure

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Q. There is a great website from Hotz Realty Enterprises, where you can find VA foreclosure property in Florida and Las Vegas. These two areas are rapidly growing so properties make great rentals. All the photos on the website are the best of the foreclosure listings with the least repairs, best potential for rent and positive cash flow. In addition, it is completely free to view the information. So for low down payment, low interest, seller financing, check out:

A. Thanks for the SPAM Laura. However, there is nothing that could be considered a bargain at this site. HUD and VA homes have gotten way overpriced. They can get away with it because they sell most of them to owner-occupants that don't have much money to put down. The real bargains are in TD's and foreclosures bought either before the sale or on the courthouse steps for cash. Also, if you look at the numbers, the suggested bid price along with their $100-$125 property management less the projected rental rate always comes out no positive or slightly negative cash flow (until tax time rolls around).

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