http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp ...search the bank Reo sites
http://www.bhgrealestate.com/Views/Look/Default.aspx ..info from public records, housing info, crime, schools..can break into neighborhoods or zip codes...
http://www.zilpy.com/ ...Check out the rental trends...........
Lots of information available to make an informed decision...Good luck, Dunes
There are great values through out the Metro Phoenix area.
Central Phoenix seems a good choice because of the new train system.
I have some investors that prefer Scottsdale.
Depending on the price range you would like to spend is what will determine your choices.
I have a lender that is getting buyers in with 20-25% down. Feel free to check on my website for his contact information.
Windermere Central LLC
It will depend on your budget and personal preferences. Look for an area of low crime, good schools and relatively good prices. There are several areas of the valley where you can have positive cash flow from the beginning. Please let me know if you would like further details.
ABR - Accredited Buyer Representative
There are many opportunities for you to purchase and lease a home as an investor.
If you want positive cash flow, then it will depend on your payment and how much you put down to borrow.
There are Foreclosure and Short Sale opportunities everywhere.
As far as area, any area that has low crime for you would be good if you do not live here.
Are you going to have the home managed professionally?
These are just a few of the questions that need to be answered...
Ph (480) 220-7491
Fax (866) 711-8573
Keller Williams - Scottsdale, AZ
2008-2009 Master of Real Estate award recipient