I got a response of a round about way of saying I wasn’t the type of person they wanted to buy the house.

Welcome from Round Rock!

You still need your Castle Walls and Moat for a well rounded protection strategy for what is inside those walls.

My investing focus is:SFR 3 Bed/2 Bath Entry Level Housing - Round Rock, Pflugerville, Austin TexasApartments - $1,000,000-$1,600,000 - Greater Dallas, Houston, Austin, Waco areas.Industrial - $1,000,000-$2,000,000 - West Coast Markets - Multi Tenant Business ParksLet me know if you are active in any of these areas and I'd be happy to brainstorm and kick around ideas.Justin

To find that, divide the 100K by the reciprocal of the % of costs, 100%-2%=98%, 100k sale price / .98 = 102,040.00 (rounded) Or, you can ask your settlement agent to compute settlement costs and work it in the note, they may show costs of both sides and funding by one party by credits to the other. :)

Rounding off, you have about 400/8000 or 5%.

After I sent my last round of letters to my initial list a few weeks ago, I noticed a lull in the calls.

You've got to adjust your strategy to fit your market- you are trying to shove a round peg in a square hole and that's why you are getting frustrated. 

Stephen,  I would be curious how this works out for you.I am in Round Rock as well! 

Using the round peg that fits this round hole is a Sub-To, below Brian's post where he has "Paperwork" tell the attorney it's a Sub-To to you at your buy price, then pick up at Brian's list again and you lease-option at market value with the option being subject to title requirements (the payoff of the underlying mortgage).See, I'm not opposed to making more money, just sell this distressed property to your buyer at market value!