Sorry this might be me expressing my life at the moment but hey who doesnt want Bigger Pockets to carry with them.

I've heard the expression "if you give someone an inch, they will take a mile".Thanks!

Try marketing to them, and include a pro-forma income and expense statement showing their return on investment expressed as an annualized return.

And express your desire and ability for a quick closing.You may also want to have a casual conversation with the present owner to discover the reason for owning the property.

Just as a point of clarification, most people build a list of leads that they direct market to in order to create prospects, who I define as people who have expressed an interest in your product or service, or in this case, selling. 

However, after sharing my success with my network, friends and colleagues, many expressed interest in partnering up (I find the deal and manage the business, they put up the money/credit, etc.).

Aaron Mazzrillo - I'm annualizing, which is the only way to express on a common format.

ARV based on recent sales is about $515kMy wife and I have expressed our interest in buying the home for a rental but we have some concerns.firstly financing we know that we won't qualify for conventional financing as we don't have the funds available for a 25 percent down payment for investment property.Second most lenders won't fund a non arms length purchase.Any insight into finding financing for something like this?

@Dan Greggs Interest rates are usually expressed as per annum rate, check your agreement to know the true return on your loan.

I'd like thoughts on structuring a partnering arrangement with a 2nd person who has expressed interest in working with me.