“Essentially, they are cutting in line,” Mills said, referring to the super-lien priority status over a mortgage.

How long -- Time on the market and price (reduction) are close cousins -Price softens as time moves on and motivation and reality is realizedEverything will sell at a price -The first thing I'd want to do is get the history of the property - how long on the market, why is it vacant - what's the reason for selling - is it listed - look at listingWhat is the mortgage balance - is it current or in the arrears - What other liens or obligations are on the propertyHow many owners - decision makersWhat is the commission - will agent splitAre they open to a reasonable and creative offersDo they want any profit or to just get it out of their nameCan down payment be paid over time -How much paper with they accept - delayed payments - principal mortgageWho is the decision makerHow fast do they want to settleEverything is negotiable - CONTROL IS KING - learn how to control real estate - it is a short cut to cash flow - it is the best way I know of assigning properties.Who controls real estate - An agent with a listing agreement (treat them well - they are in control for a period of time)An accepted option agreementA buyer with an accepted contract of sale with contingencies

You have doubled your return on your money to 1% by cutting your investment in 1/2. 

If anyone is willing to embark on this journey with me, I would be willing to even pass my potential mentor a cut of the profits from my first few deals.

I have been to mechanics school,Welding school,cut meat for 35 years, ran heavy equipment, been an over the road truck driver and owned a butcher shop.  

I will not be listing a home at one price and bringing a buyer in at another price to get a cut.

If the agent calls me (they are usually slow to follow up) I will make a reasonable offer subject to inspection and a study period.Everything is negotiable - CONTROL IS KING - learn how to control real estate - it is a short cut to cash flow -  it is the best way I know of assigning properties.Who controls real estate - An agent with a listing agreement (treat them well - they are in control for a period of time)An accepted option agreementA buyer with an accepted contract of sale with contingencieshttp://www.realtor.com/realestateandhomes-detail/M...Charles

Great opp to cut as many expenses as possible since you're down on income.  

This was exactly my thought until this weekend when he started hitting up my agent saying he will cut me a deal.

@Matthew Paul  in Oregon takes us 5 months.. and in Charleston same if not 6.but my builder on one project got 27 builds and we settle with BONUS's at 12k per door which he hit average of 11k.. and all done in 16 months.. that's 300k.. with no risk.but your right if your one off then building by fee is not going to cut it.. better off starting a Trade.. like right now a great framer can make some really good money in our area.