To make your money you can improve it (clean it up and have it surveyed... or have title issues resolved during closing) or list it fsbo at a still super low price but more than you paid.Taking advantage of people would look something like.... mailing to that same list and telling them that they are very close to losing the property whether they are or not, lying to them... like telling them that you are offering market value, telling them that you can close in seven days and then stretching it out to 45 days because you don't have the money, offering less to a seller that can't make rational decisions, telling them that they get nothing if it sells at a tax sale when the state has a clear system for overage collection etc...  

I'm looking to get into the Richmond market but I'm trying not to stretch myself too thin.  

Not a bad track record by any stretch but in that same period of time, I would do 5 times that.

I would not stretch it out over 3 years. 

Stretched to thin.

I know this is a stretch but i love creative financing. 

We had a ton of interest on the last handful of rentals that we worked when I was at Skyline, even with trying to slightly stretch the market rents. 

Most of the appraisals are not stretched and err on the side of caution.No income verification loans save the lender money because the underwriting and processing time is greatly diminished, he can hire less skilled underwriters because they don't have to be tax return experts and he can charge more because of the perceived risk. 

It would also be beneficial for the deal if the term could be stretched back out to 30-35 years. 

I didn't want to add another investment property until I found myself a home but the way things are trending I'll likely not be doing that in the near future since I don't want to overpay or be stretched so thin on an expensive mortgage that I'll be miserable.