My seller seems amenable to my giving them 20% down which i have and the balance due in 120 - 150 days. 

If you move forward on this, make sure you have layers upon layers of checks and balances here.

Before you jump 2 feet into the Real Estate Investing world, I challenge you to find a balance of continuing your drive toward real estate while improving your position at your current role.

Four mortgages have a balance around $90-100K, with values ranging $135-165.

Your example probably took place many years ago when the market was more balanced and deals were more plentiful.3.

Proforma GOI (market): $120K ($1K/month)NOI: $78KCAP: 5.6ARV: $1,392,857Refinance 70% LTV: $975K loan amount less $560K balance = cash out at $415,000. $415K less rehab costs at $200K (20K/unit) = NET $215KYou would pay a % of the future value in this example, you certainly (and neither would he) wouldn't pay $1,392,857 for an asset generating $75K per annum, understanding that the value therein would be offered at a 3.2 CAP.

I know that insurance has also become a problem in the state, but I'd imagine that an entire state isn't just going to become uninhabitable so eventually things will have to balance out with that.Do you guys think that with all the issues in Florida real estate market, that it would be a good time for a cash investor to get good deals?

If you can demonstrate a track record of executing on the business plan you set forth, the banks will continue to lend you money and as they become more comfortable with you, your loan originations will out pace your balance sheet.

Don't be house poor or you may be houseless when the next downmarket, job loss, recession, or stubborn leak shows itself.If anyone is looking for advice on small software companies, or agencies, or balancing a startup during a day job, I will try to reply or answer DMs as best possible.

Whether it's the interest rate spread, extensions, terms, or amount of stock needed, we can work something out that fits their needs.I've learned that the balancing test is important.