When I say great I mean deals that people think are really sweet deals when you tell them about it.If you find such deals you will find people to buy them.

She is a sweet old lady, but she uses the house as a boarding house for battered women and I didnt really want to get involved in that.

There may be some sweet deals in about 4-9 months if they don't get to ripped up.

The industry's sweet spot is 90 LTV (90% financing) and you would need a FICO is the high 6's/low 7's, be able to document income/assets, have cash reserves on hand, etc. in order to minimize your down payment requirments to 0-5%.

He has no issue finding deals so continues to use that as his minimum.Jon is raising a very good point about how there are sweet spots on the curve. $100 a month per door is not all that interesting when the rent is $3,000 a month per door.

funds the deal - purchase and rehab - 100% and splits the profit 50/50.Its a steep price to pay for OPM but you gain experience and the lender is secured by the (sweet) deal.Good luck!

Sweet!

. $2500-$3000 should be a sweet spot for fair pricing and getting someone who will actually complete your job to satisfaction.

Sweet Antonio, sounds like you have a great longterm plan.

However, do you believe these "sweet spots" exist in your market and if so did you use them as one of the factors in choosing a property?