Purchase Discount: It's crucial to buy properties at a deep discount if you plan to BRRRR and get cash back.

I was told I need 15-20% down for a DSCR even with the discounted price.

That **** comes at once, and it takes you straight down with it. 

Moreover this is an attorney state and most of  the attorneys do not advise their clients for a straight wholesale from the homeowner except some special circumstances. 

In addition to peace of mind, it's a great tool to use when sending resolutions of unacceptable conditions where you can either get a price discount or a line repair from the seller if the sewer scope shows problems with the line. 

You would have lot of negotiation later on with buyer.If discount is substantial I am not afraid buying home with roof issue or lien, that's easy to solve when you have the cash.

A lot of owners already panic selling at discounted prices / price cuts.

Thanks Hi Mireille, Is the lender charging you discount points on top of the origination fee?

The nice thing with IULs is because the cost of insurance isn’t fixed (like with WL) you can get a discount on your cost of insurance.

You are not thinking straight while under the pressure of this problem.You have the intermediate problem of debt - you need to learn to save 50% or more of your income.