@Aaron Yates No worries you didn't come off as one I'd much rather hear real advice than sugar-coated fantasies.

I'm a meat head football coach who has always been fascinated by real estate.Thanks for the heads up Michelle I had no idea.

I try to make it back for an OU football game or two every year...what are your real estate investing goals?

Football starts soon.

You know, second thought, the Republican aren't even acting like Americans in this attack matter, people died, this is not a political football and there was ABSOLUTELY NOTHING Obama did wrong, no one could have stopped it, doesn't matter how it started if it was a video response or planned, or perhaps just maybe,THE ATTACKERS HAD THREE MORE VOLUNTEERS TO GO ON THE ATTACK BECAUES THAY WERE UPSET OVER THE VIDEO!!!!!

However, they make a lot of money for the gurus because fantasy sells.Good Luck,Mike

We are avid VT Football fans and spend most Fall weekends in Blacksburg, VA watching games.

I think both Mike and Eric are a little right...Real Estate Investing has so many languages that we all can have an opinion and each one of us be correct.When a seller calls me and they re upside down or in "fantasy" land I let them know on the telephone...however I don’t educate the seller about my buying techniques on the phone.If you sense they are a Short Sale candidate ask them if they have spoken to their lender about a short sale. 6 months ago the general public didn’t know what that term meant now almost everyone who is upside down and behind in payments does.I like asking if they have spoken to their lender over asking them if they would consider a short sale...

The 2% rule sounds like a fantasy in most areas and obiously the lower interest rate enviroment kind of make it a moot rule.

Some owner finance is happening to almost every deal these days in the commercial realm unless they are buying on a low basis with all cash.2 viewsBuyer wants to pay nothing and owner financeSeller wants a fantasy price and wants all cashSomewhere in the middle lies reality.When I do owner finance deals from sellers they can research me.I am plastered all over the internet.If something goes wrong my credibility goes down the tubes.The problem with many investors wanting owner financing is they don't sell themselves correctly to the sellers.If you as a buyer have no money,no credit etc. you will appear weak to a seller.If you are a qualified buyer but just want owner finance then the seller might be open to it when they see what you will guarantee on the loan and what kind of credit and reserves you have.