Because they're strapped for cash.

If you're strapped for cash, I'd be tempted to sell.

I have also owned many businesses:johnmichael: Laundry Mats, Retail Stores, Flea Markets, Convince Stores, Arcades, Rack Merchandising, Mystery ,Mystery shopping Company, Auction Centers, Answering Services, Vending, And the list goes on.johnmichael: Now enough pumping sunshine up my own skirt LOLjohnmichael: Do understand we will be going over the basics and then step by step jump into the more advanced and creative strategies of locating Real Estatejohnmichael: I do want to cover basic investing strategy for new investors; johnmichael: STEP 1 - Buy a piece of real estate under the most favorable terms and conditions possible with as much leverage (OPM--other people's money) as you can.johnmichael: The art of this game is finding moneyjohnmichael: Money is everywhere folksjohnmichael: How many Dr's in your townsDan_Auito: We are gaining strength in that dept as more and more lenders are finding our home herejohnmichael: The are of OPM is just asking for it!

Get them the $$(doing what U DO BEST), may not fit Your scenario right now, however my foot in the door of rehabbers was putting up a FLYER offering my services to GC's & Subs (& of course their Cash Strapped Customers) @ Lowe's, Home Depot, 84 Lumber & the other "local" building Supplies companies w/a stack of cards.

Yes, you can get the old one off ebay for cheaper and if you're that strapped for cash well, I guess go do it.

Thanks @Mat Lewczenko

Then they proceeded to request a reduction in property taxes by a much as $1.39 million, which would have stripped about $800,000 from an already-strapped school district budget.My thought was: they might understand investments, but they apparently don't understand residential real estate.

I appreciate the welcome mat!!

Hi Steve, Joe and Bryan, Thanks for throwing down the welcome mat for me.

But we were strapped for cash and need the proceeds to grow our business.So, If I can use the house we just owner financed you will get a good prospective.