The idea is to make the offer as accommodating and favorable to the seller as possible.1) Start off by offering an initial bid above asking.2) Next, separately determine what the maximum price is that you would be willing to pay for the property and writing in an escalation clause that says something like, "Buyer will pay $2,000 over the highest and best offer, with a maximum purchase price of $xxx,xxx, with proof of highest and best offer."3) Think hard about inspections.

Your goal is to have $XXX income.

My train of thought for you on supply would be “Ok, I know there are more houses on the market right now, but houses are selling at $XXX/sf on a regular basis in my area, so as long as my sales price is at or below that number for a comparable house it should sell.”  

This tends to show up as "Section XXX Expense" at the last pages of the tax return. - 3) Interest expense could be because the borrower has a private note or a high interest rate loan so this may not be indicative of your actual interest make sure to calculate your loan and interest cost to see how this would play into your actual "cash flow," projections since accounting net income not "cash flow." - 4) The interest expenses usually do not factor in principal reduction and this portion of principal reduction is not considered an expense so this means your cash flow may be even lower if you need to factor in the portion your allocating to principal reduction each year. - 5) Amortization for points and other items that could not be initially written off during the purchase.

It essentially says that if everything you've told us so far checks out, you can borrow $XXX,XXX.A sharp seller's agent will call the lender and find out whether the lender has done their homework prior to accepting the offer.I recently had a pre-approval from Quicken for a client at $380,000. 

"Hey that's going to be $(X)X,XXX and that's not in the plans right now."

Aloha,We simply reference the specific paragraph(s) of the Rental Agreement that detail how the SD is handled; identify the dollar amount of SD on account; identify various deductions such as "prorated July rent, 7 days, $xxx; repairs per attached invoice, $xxx; cleaning per attached invoice, $xxx; Total Credit, $xxx; Total Deductions, $xxx; Balance due to Tenant (or Owner), $xxx; Check enclosed/Please remit payment within 10 days."

-----------------------------------------------------Current Funds:Primary Home : Owe $226,xxxAvailable Equity : $193,xxx, maybe more if they appraise my home with the 3 car garage I built cash.Credit: 700ish401k Funds: $90,000, I don't think i should touch thisCurrent Cash: $40,000 + don't really want to touch reserves if needed----------------------------------------------------Budget/Acquisition:Land: $50,000-$99,000 this is anywhere from 3-10 acres in towns I am looking50x100 metal building : delivered installed (40 a square foot) $200,000 which this can be shopped because the building itself is only $80,000 delivered.Foundation : $40,000Septic: $10,000Well: $10,000Electric: $15,000Rough cost : $200,000 $270,000Excavation: $5000 or less, my friend owns his own equipment and business, I also ran equipment for awhile.Permits: 3000?

At the time of vacating, Landlord will pay Tenant $XXX for assistance with moving expenses. 2.

Quote from @Suchin Mundkur:My main focus with my seller was basically "I can pay you xxx interest over 5 years, then pay off the note when and if I refinance.For my deal it worked out to be $140k in interest over 7 years that goes directly into the sellers pocket.