So when my first opportunity came about with an out of state contact that was not only going to help me get my first deal done but also teach me everything I needed to know about lease options, I forced myself to take action.And I didn't just do ONE, I did my first FIVE, and was THRILLED I was finally a real estate investor!

It's a sort of a gamble still because the economy is mostly bolstered by State employees, and prices are relatively high still for decent properties.

Let’s just say that I am not exactly thrilled by all of the property they sold me and hope they are redeemed, because I don’t think I will be wasting any more money to foreclose on them.

In my opinion, people that have more taken out of their paycheck then they will owe (in expectation of a refund) are similar to people who play the lottery...The thrill of the (potential) one-time payoff outweighs the negative expected value of the decision...To each his own...

Anything less is gambling not investing.

It's a bit of a gamble, but can save you money if you find the right deal.Good luck!

Im sure your are thrilled!

I'd say to get the best value is still a gamble and it's to use their service and sell in a few years before any CapX comes due and sell at the full market 50k-55k.

The usual thrills and chills, but there was this one memory I still laugh about that happened during the inspection...A lady with too many cats to even know how many she had was foreclosed on (forfeited) by a private seller carry.

Ben Winchester Morning Ben keep the money in the bank until you find another deal because you don't want to gamble with the money if you're planning on doing rental believe me situation will come and you will need the money.