But she moved, and needs some money to buy in the new city.Applying what you just suggested I was thinking in offering her the 130K(I know, its high but the PITI is sweet), with 7K down and probably 5 yrs O.F.

Sweet :D

Considering that the home values are some of the highest in the country, it only seems logical that the wholesaler paydays would be SWEET if a wholesaler found some deals with equity.

With 100k cash you can do so much more than this deal.That owner finance is a sweet deal for the owner and NOT YOU.

If $300k wasn't a sweet deal for them, they certainly wouldn't be there, and if the neighbors gave up $500k in listing price, there ought to be more, if not much more in there somewhere, for you.Location, location, location.

It's not all wine a roses afterwards.

Somewhere down the spectrum is a sweet spot where you can get 75% of the cash flow for 50% of the effort.

In development cycles there is a under supply,sweet spot,and OVER supply.A certain asset class can be over built and it is often times a race to market on who wins.If your project takes to long to complete and the market gets saturated by that time then you will have to reduce your anticipated rent rates and cash flow projections to bring in new tenants or you will have to spend more on amenities to justify them paying a premium price.Either way it will cost you more money.

Sweet!

Yes, BP shirts would be sweet!