This math implies that the property is being purchased at a 14% discount to current market value. 

Our Fourplex 100% ownership strategy has evolved over time, and based on feedback from William and others, we now charge a 20% down payment, instead of 30%.Secondly, we now pay the investor interest on the down payment, as a discount on the final price.

if the note is currently in default and we can buy at at least a small discount, we may be able to restructure the note with no monthly payments - we would get paid all interest at closing when the property sells.  

There is a tremendous amount of energy around the long term prospects for the Cape. 

Negotiate and Discount the property. 

As I addressed in another discussion, most money in real estate is made by long term appreciation and by improving, repositioning, and stabilizing the property, NOT thru purchasing at a discounted price.  

I had a QBO intro discount for 12 months then it went away :( Do you mind me asking what are the reports you need?

I just had a bank tell me they would take a 40%+ discount on a $400k asset which six months ago they would have wanted a 10-15% discount.

I don’t feel the need to explain myself, or promote his program, but I will say that I have learned tremendously what would have been difficult for me in another community. 3k is nothing compared to other mastermind groups.

I appreciate your ready-fire-aim approach, @Brendan Duggan, but you’re likely creating loans that might only be saleable at a discount.