I'll be utilizing that technique.

I know many members on BP use the 50% rule as a screening technique..

If it were me, I would spend some time looking over the techniques of wholesalers and decide if you want to go about it that way or just find a good wholesaler and pick properties up from them?

Or you have the money for a down payment but no credit.Buyers verses sellers will want to use different approaches Whatever your particular need these blogs will address all of the techniques available to you to purchase and sell real estate creatively without cash credit or banks.

I am simply trying to identify an appropriate negotiating technique.

When an investor starts to get CREATIVE which usually means little to no money down and all kinds of off the wall techniques then the odds of closing go way down.For the investor that hits the 1 in 100 miracle home run on a creative deal it is worth it to them but for the broker or agent it's usually just a waste of time.I wouldn't say not having an everyday single agreement is wrong but I would say it greatly reduces your chances of an offer being accepted by a seller.

I am now looking to acquire properties for my own portfolio while growing my businesses, learning new techniques and trends and hopefully having some fun doing it.

Maybe this is a technique best used on homes under about $250k?

When making my shopping list out, I use this technique to note the aisle number where I can find it item.

You need to be open minded and able to adapt to change to succeed.If no one ever adapted to change or figured out new technology or techniques we would all still be cavemen!