I live in the Hamptons. If there are properties going for a few thousand here, they'll be paying YOU to buy properties in the link you posted. Flint, Michigan? Non Realtor, do you really think that would be a good investment? Why not buy a penny stock instead?
As I stated earlier there are MANY propertieds for sale for just a few thousand. In the multi list to which I belong, which has over a 120,000 properties on market and more than 13,000 REALTOR members, has at this minute, 2,679 single family homes available for sale at a $3000 or less asking price. Let me know if you need any help.
J R, in a few years this will probably be possible in your area too. Wait another year, get a house for a few thousand. Good Luck
There are a number of bank-owned properties available for sale for just a few thousand. If you would like me to send property profiles to you directly from the multi list, send me an email with your serach criteria, including home feature preferences and geographic area. Please note that these properties can move quickly and some that are noted as available for sale in the multi list may already have an offer pending. Be prepared for a little frustration at times but also be prepared to act quickly. Note also that homes in this price range will most often need substantial repairs, including replacement of missing/stolen mecahnicals from the home (furnace, plumbing, water heater, fixtures, etc.)
I look forward to hearing from you soon.