@John Thedford, understood. 

@Angelo Aguirre  As I understood it while the investor's offer was lower, the net to the seller was the same. 

I look at BRRRR it as three equally important parts that each need to be understood to succeed.33%-Buying the right property and understanding rehab costs/timelines33%-Understanding your rental market and successfully renting/managing the asset after rehab is complete.

@Robert FieldsYour thinking is off if I understood you correctly.

I then understood why some brokers take app fees but I still wouldn't do it. 

In our arena, what one would have to defraud someone by making them believe your stopping the foreclosure process without selling their home, but in reality they are selling it.However in the case of making an offer on a home that is well below market value, no where in the law have I found that it outlines or implies that paying well below market value on a property, with or without improvements after the fact, then selling it for more than you paid, is equity stripping.If someone makes a offer, the owner accepts, and you both use a standard real estate purchase agreement, then do a standard closing, even if you do a double closing and sell it for a hell of a lot more 30 minutes later or 5 years later, that's not equity stripping, as the seller fully understood they where selling the property.

I always had an entrepreneurial mind set but never really understood it until I read that book.

I calculated that because it was in the article I read (and I wanted to put the equation/factors into practice for ROI to make sure I understood it.)

I have now understood that real estate provides an opportunity to secure one's own financial independence and I want to start learning now how I can apply various techniques and strategies for my future endeavors!

HiWhat I understood from reading the blog on self directed IRA is that:1.