If you had a real buyer lined up and were adding value to the transaction by connecting them to the motivated seller, then that would be different.

That's kind of irrelevent now...the fact remains that she did show the homes to you.

She would pay the remaining time she has left, and we would start the rent ready upon move out.

I bought my stuff cheap for cash, most over a decade ago.We still find distressed properties and motivated sellers willing to get rid of unwanted properties cheap that we fix up and rent out.I also use cash from my self directed IRA to also buy properties for cheap.

My goal is to acquire multiple properties in a given market over the next few years and remain active in that market as long as the market still makes sense...

Hello Mathew, when you purchase properties, are they free and clear of mortgages, if not, what do you do about the remaining balance?

The lead came from a divorced motivated seller.

Whether you’re buying or selling, Palm Beach remains a dynamic market with plenty of room for success.

I met with the owner 4 times, walked the space, and talked to her about her motivation to sell the property.

Remember that finding a Realtor is relatively easy since they are all motivated to find deals for you and must adhere to a code of ethics.