You would think that they would be thrilled to get it off the market even if there was a chance the deal would fall through.

To be fair, this is more of a gamble and there are higher risks (but also higher rewards).

Luckily I bought it right so I was able to make about $500 (and I was thrilled to not lose money) after my light rehab and both sets of closing costs and my commission to sell it.

I was thrilled to read some of the posts before joining and I have to agree with All Cash on the reality side, although I have also seen very few people buy with no money down, but not very often.

At this point, it seems like a gamble to try to predict where the adjustable rate would go.

Since there is no way I can do conventional financing, I joined BP to learn more about creative financing, wholesaling and other types of investing that I can get into with very little cash and or assets.I do have a small amount of cash reserves to work with but absolutely can not gamble with it.

@Chad NewWelcome to the thrilling world of real estate investment!

We were anxiously thrilled and spent hours deliberating their counter offer.

It's a fishy situation because your gambling on the fact that both tenants will maintain their jobs and continue to make the same income.

Yikes.We have clients that owe $20k every year and are thrilled with that result.