I know people get twisted on new construction costs But I do have sewer and water already running to the property.

I used a stick to push the mess out and it looks like some sort of seaweed twisted together in a big bunch completely clogged up the 1-1/2" pipe.  

You can twist that anyway you want but the truth is the buyer always pays the commission.

No idea why, I wasn't hard on them, but thanks for the reminder of who's twist to thinking that was about, I don't pay attention to the names of these types really.

If he was twisting the price, why would he?

Here's one more twist, the bank that I am dealing with does a 15 year amortized over 30 years.

Period.Much of what I dump in these forms is not just my far fetched opinion, it's based in end lending requirements, appraisal requirements and how seller financed transaction are viewed legally, has nothing to do with opinions of how to twist another dollar out of a borrower or lender, which, by nature is part of the goal of an investor.I realize that setting a price above the true market value has been common and justified by all sorts of false economies, but after seeing how people screw up loans and having to fix them, next to credit issues, equity in the deal is the reason these deals blow up.We really can't say what is best in this deal, all we know is that the seller is in his 40s.

This is a fairly wild twist for many of us, and I'm not smart enough to know yet what will shake out in the end.

Just an update on this house.I went and looked at the house yesterday and had my agent give me real numbers $110k ARV, $950-$1100 rentShort version: I gently offered $70k, they declined and said they would hang on to it and keep trying.My evaluation:Seems like a nice neighborhood alot of older people, and decent incomes (assuming based of the vehicles in the driveways and landscaping)First thing I noticed as I pulled up was the house was an ugly color and inconveniently narrow driveway lolThe inside was actually very nice the kitchen was all new, (everything was cheap materials i.e. vinyl "tile" floor, formica countertops, nice big cabinets but no hardware) But the original hardwood throughout the rest of the house was very nice, bathroom looked new but again cheaper materials.

There is another twist, she is collecting the $3,900 a month, so if I come in here and mess up her cash flow, she is not going to be a happy camper.