Quote Originally Posted by Irving View Post
I've been seeing signs for 3 bed 1 bath for $1,700 and another for $1,800! Unbelievable.

Point me to a 3 bed 2 bath condo and I'll see how quick we could snatch it up.

Hell at only $50,000 it'd be better to put a down payment on 5-10 of them then to buy just one outright.
You are missing my point. You can't put a down payment on them, you need cash or finance from a non gov loan. Which not many lenders do that. I know for a fact that there are 50K units out there. You need to get in good with a Realtor that does short sales, or be prepared to buy at auctions.