If I were doing it, as I have, I have had both sitting beofre me and we hammer out a deal, either party may object to any term, but some are set by law, such as any balloon payment being required, but if they are a good broker/originator they should be able to offer payments being purchased or other guarantees that may off set such limitations that still meet compliance.

If I include the principle payment part of the mortgage, which adds about $80 more into profit.

When a property's ROI is just shy of my return objective, I often ask the seller if he'll come down on price first so the numbers fit my goals.

Wouldn't it be competition to another person to have similar interests in that same objective, only to become friends or partners with them?

Jimmy is a really solid guy too... good principles.

Principle is not deductible.

Are you looking to pay back principle and interest in monthly installments or just pay interest with a balloon payment at the end?

I did not object to this and the inspection period has ended.

When flipping houses how do you avoid the objections that pop up regarding the low acquisition price and a much higher selling price?

True, you can lead a horse to water but you can't make him pull the trigger on a deal but most RE training has no stated learning objectives, no real student tracking and no way to measure long-term success.