Some real estate market will require more rentals than others.The last thing I would want to do at this stage is tie up all of my cash in my real estate.

This sets the stage for creative financing.I suggest you take a close look at the security agreement.

We are in the final stages but that came to a stop because the we person we are purchasing the property from does not have the deed in their name so obviously its a "A to B, B to C". which is fine we are still getting the property for 600k and the comps on the block are selling for the minimum of 1.2!

This scenario (not being able to sell) can be detailed in the note and it may make sense to think about 10 month terms rather than 6 at this stage (June) because of the obvious selling season.

I hope the five tips will give you some direction as a seller for staging your house.

I have seen properties marked down once they reach that stage, and you don't have to negotiate with a bank (just have to outbid other investors sometimes).

Is it a better use of time to just contract, once at that stage, with a REO specializing buyers agent and map out the criteria so multiple offers can be put out?

Although, she knows my deals and knows how people react to them and the fact that this place is 100 yards from the best elementary school in town and walking distance (1/2 mile from the grocery.Right now the P&I I'm collecting is $485 so even if I have to pay them more than what I'd collect from the next buyer, and spend Christmas painting and cleaning, IF I could turn it for $77K, I'd have a new loan (assuming 8.5%) paying me $577, almost $100 more per month, with 30 years to run instead of 23.

The real motivation for ME PERSONALLY was through the contacts and the network I built by doing so as well as the joy and satisfaction I get from being on stage as the educator rather than the hungry student I once was in the audience.

At this stage in your career, don't over-analyize your deals - just make what you can make.