I'm interested also. 17 percent of the time you are right 100% of the time for a 17% return on $250,000 invested at 100% of the time

We have some credit card debt we are hyper focused on paying down , and 34K in my student loans (not touching currently due to SAVE plan with the zero percent interest).

I'd have to offer 20 to 30 percent under asking for most of the properties to work out for me.

How does one take the owner finance situation to a bank and turn it into a 30 year loan to hold without an additional down payment of 20 percent ?

The one percent and 2 percent rule ive never looked at ... cap rate is .. meh .. its there - what im most concerned with is the price of the home relative to comparables and cash on cash to start.   9)  I look  the other way if it is a multi unit that is not separately metered - thats always one of my criteria here in pgh as there are a lot of older homes and a good portion you wind up worrying about who will cover utilities.  

If you make a comment like that, you can't discount the thousands of percent that it's gone up, can you? 

Pace also has shared his legal documents with the community which get updated.When I joined this lifetime membership I didn't realize how much additional value he was going to share.

So I’m hoping the 2025 year brings change to the percent allowed (40% changing to 100%??

You can never bank on sale price in five years, and then you take a six percent hit from the agents when you sale.

They will usually let it run through three or four times on the auction set without hitting the reserve and the formula for reduction, which is similar for REO on the market, is reduction of ten percent every thirty days until it sells.