Well, lots of people really do have lots of cash, so it may well have been a cash purchase.Could have been a private loan or a hard money lender.Could have been some sort of rehab financing such as the FHA 203k loan.

How do you find private lenders?

I called a client of mine and that same day I had them put it under contract, lined up the private loan and had it fund the same day and I collected my commission the same day as well.

I know I am blessed and I should be thankful for what I have....I am, but, I will NEVER be excited about the gov. using my above said money to be involved in private enterprise.

The corporate tenants keep up the building and pay taxes on it as well plus you get the depreciation.If 32,000 is all you have you might could look at hard money or private money lending or buying notes at a discount etc. for more passive investing.

Partners; Private lenders (not hard money); lines of credit whereby you can just write a check could be some options.Now, if you want to get a house, fix it up, and flip it, do you necessarily have to buy it?

Let's meet in Austin, TX to network and talk local tends and opportunities.Saturday, February 2, 2013, 8:00 AMLa Madeleine -- Arboretum9828 Great Hills Trail, Ste 650Austin, TX 78759We've reserved a private room from 8-10 AM, but it only holds 20, so be sure to confirm here to make sure we've got a spot for you.

All cash or private or hard money??

Thanks for the advice Jon...as for the photo, I prefer to remain private, since this site could be viewed by tenants (hope everyone understands).

I've flipped some houses in years past, but I'm very involved with running a private school currently and not interested in rehab.