It takes the right deal and the right I would suggest the book Rich dad poor dad.

The 2% "rule" is used to quickly determine whether or not the property is worth your time to do the more exact due diligence. 

I do think it is very important to disclose that I am a Realtor and provide the seller with the option to sell the home traditionally or possibly get from under the property quick with a possible "cash" buyer.

Found this multifamily property and while it looks like it will need a major rehab, it will rent very quickly, and it is in a good area.

Just thought I'd add that the only reason he came down on the price was that I promised a quick close. 

In my current company the interest rate is 6%, and a set tiered fee schedule (does not go to your 401k this goes to your 401k provider).Which is better depends on tax brackets and state tax rules.I guess it really comes down to overall cost and which can help you create wealth more quickly.

The market for single family homes is extremely hot, everything is selling quick, so as an agent I've had to look really hard to fine good deals for my clients in this competitive market.

What are the rules regarding how quickly I would have to occupy an owner occupancy multi family home The triplex that I am looking at is fully occupied until end of January 2017

We are of course a bit green, but we will be actively seeking out knowledge here on BiggerPockets and ramping up as quickly as possible.

Ask them when's the next time they will be close to the house and tell him you will give 100$ for a quick consultation.