Wouldn't more appropriate goals look like this:I want to save $200 this month for a down payment on a home.I want to be the vice president of our company in the next 5 years.I want to exercise at least 60 minutes before work everyday.I want to show up to work on time driving a Mercedes 500 SL.I want to retire by 55 with at least $1,000,000 in the bank.I like to look at goals as the picture on a puzzle box.

I know this number could be 100 or 0, but what is everyone using as a sample rate when trying to determine if a deal makes sense?

Lease Options – You do not need a loan until you "exercise" your option in the future… Also sometimes you can sell or assign your lease option to another investor or buyer that would need to go get their own financing.Foreclosures – It depends on how you are buying these… at the sale, you need cash… Need good old cash or someone who has cash...

My price when I actually exercise my option will be the balance remaining as of that time on the amortization table.

GeorgeFirst, the 50% rule is NOT an accounting function nor is it anything other than a rule of thumb...That said, the way I interpret and use the rule of thumb -- and most investors I know would agreed -- is as follows:"On average, across a large number of units, a long time period and a large geographic sample, somewhere around 50% of gross income will be used for operating expenses, vacancy/rent loss and CapEx."

Here is a link to a sample form for Montana Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement that may or may not be more complete than the Staple's form.

Ownerfinanced for as long a period as he'll go for, 5, 7, 10 yrs Small option fee paid to seller at the time of contracting, down payment due upon exercising the option.During the option period you find a buyer with 15-20% down and sell on a owner finance note 1 yr term with up to two renewals as long as buyer makes all the payments.

I've saw a post on here before that I've been looking for, it was a sample ad for cash buyers.

They sent me some samples of capraises for other companies with marketing materials and reference list.

That amount would apply towards the purchase price, when you exercise your option.With that option, be sure to ask for the right to show the property, and do what you need to do to sell.