Los Angeles foreclosure investing in single-family or smaller multifamily properties for rental is viable even during the downturn. Smaller multifamily properties acquired at lower prices can turn up a decent income for medium-capital investors.
New York foreclosures in the commercial property sector continue to surge as more property owners fail to pay their loans. Many of these distressed commercial properties are overleveraged multifamily buildings.
Boston foreclosure investing is viable largely because of price appreciation in the area. House prices increased in Boston year-over-year by 1.7 percent while other metro areas suffered double-digit price declines.
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