Usually FSBO listings (but there are other techniques).  

Down payment on FHA is 3.5% so you’re not wrong there and safe to assume another 2-4% for closing costs BUT you can negotiate seller assist to cover bulk of the fees if not all.

I was hopping to find a very knowledgeable attorney who can tell me exactly exactly what to do or not and be on the safe side of the law.

If you work a day job in addition to your plans to pursue real estate in this way, then focusing in 1 city/MSA will drastically reduce your time spent focused outside your job, allowing you to keep your income high, your job safe, and your problems simpler.

So the buyer's technique got them a $100,000 price reduction.

There’s a silver lining, though—if the cost of the improvement is under $2,500, you might be able to expense it under the IRS’s safe harbor rule.

So in this situation, where you have a relation with the borrower/home owner it is likely safe to assume if you get too greedy and ask for a heavy discount there will be no deal.

We're making progress.Thank you everyone, be safe out there on the World Wide Web.

I have taken dozens of flights for free using credit card points, but Dave isn't going to teach that technique to people who can't control their spending because there's too much risk that they won't have the same discipline I do.Dave teaches people to invest safely because he doesn't want people with no financial discipline taking his advice wrong and chasing get-rich-quick schemes.

Likely would want to close on 11/28 at the latest to play it safe as the notice takes affect the next day, not the day it was served.