Wholesaling houses from widows and uneducated people stealing their only assets equity.

Maybe the price they are trying to get has something to do with that and it might not work for them otherwise (but not your problem) or they would need to do a short sale.If it doesn't work out just buy the four plex.The seller was widowed several years ago and no longer wants to be a landlord by herself.

so it would be pointless to do what youre saying. buy gold if you want protection. my buddy bought 8 pounds of gold bricks back when it was trading for around 400/oz and he stuck them in a bank safe not in his closet. now thats a sure investment Yeah Jordan, try telling a 70-year old widow that her $45k 'is cash that isn't worth anything and she shouldn't worry about protecting it'.

I spent months looking for the right deal, long story short he went to look at the property and cut a deal with the widow who owed it.

I also don't know if I can convince my wife it's a good idea either.80 year old widow is selling a 10 acre park her husband built in 1970.Asking price $165,0009 of 25 lots rented at $195Average expenses over the past 4 years is 64%.

I remember a widow that was our 4th deal telling me when the deal was over she couldn't believe it when I showed up at her door but I was offering her a solution and then she told me she had two other properties to sell so she could get on with her life and asked us to help her on those.

We had one in Idaho, widow with four kids, who skipped after causing damage all because she had to pay a $75 late rent fee.

I'll give you a quick example...This last year I received a phone call from a widow who just lost her husband.

I even had a contract with a seller one time and brought them a $25,000 cash buyer and the seller disappeared on me and never paid the "commission"...it was an 80 year old widow and her version of selling her home was telling the park - ONLY.

I handed a $1.25m check to a widow with 3 year old twins after her husband was killed while cycling during a hit and run accident.