But the whole experience reinforced the notion that a good deal always finds money.

We hold on to the notion that it is our responsibility to bring profitable and worthwhile business opportunities to our partners and to maintain a long lasting business relationship.MissionOur target properties are ones that can be acquired from motivated sellers though foreclosures, Bank REO at 65% or less of the current fair market value and from out state owners.

That may be viewed as a difference in sale price agreed by a seller with favorable tax treatment; however, the seller will be paying taxes eventually, so you can justify the difference and the time value of money, but depending on your state laws, few judges will accept the notion that a buyer needs to pay a fair price for a property and the seller's tax liability.There is also a difference between a bank having a prepayment penalty on a commercial deal for example and a seller, the seller is doing it simply to profit, the bank will profit as well but there is also the issue of portfolio management and at a much different level than any individual investor, where the bank and borrower agree that the loan remains outstanding to reduce being dumped with cash from any interest rate changes (going down) that in large amounts can cause losses to an insured bank.

And give up any notion of it being easy and free.

I have strong notions of where the bad neighborhoods are, but it's a very broad perspective.

This notion changes, however, when people buy WRONG, ie - pay too much.I laugh when I see a "money making" two family house for sale in my market, for 500K+, where the total rents are around 2k.

There seems to be a notion that wholesalers, forgetting the legality, have the best deals.  

But the notion of a second job is valid, if there's nothing you can do with the job you already have.Living off your capital, regardless of what you have it invested in, is an ultimate goal of many of us.

I guess you can try selling that notion to the siblings but they seem mostly aware of it since they already dropped their asking price some.

I don't have any preconceived notions about him, and he seems like a pretty straight-up guy who doesn't promise truckloads of cash in days.