Not knocking the few that are really good, just the many that are below average.I've done about 30 seller finance deals, in the old days on "wraps" on FHA and VA fully assumable loans.

Interest rate at, above, or below the bank rates?

As has been pointed out a number of times, when you filter down to a good candidate property, you still need to perform due diligence and to run the numbers at a lower level of detail.

Can you please look at what I did below and tell me the pos. and the neg. of what I did.

I can buy this building for a very good price well below market and my loan terms will allow me to turn a profit even at the present rents.

see sunstyles.com that's exactly what they do, only like 60% below market.we're going to do try this out on a bunch of foreclosures and regular properties that have been on the market for over 6 months.like 10 properties we have not seen.all about 30% below the asking prices and minus a little 5k padding.we'll see.10 each month until we get one.

There are tons of ways you could be using that type of cash to start on your investing long before 2 years from now.As for the properties you are talking about, I've run the numbers below for you.

I find properties below FMV, get them under contract, then assign the contracts to investors for a fee.

As you build a relation ship with them, they will not always require to put away 6 payments.3. yes, you would need to be purchasing 60% or below so there is room for the payments, costs, and fix up.

Most people come in at 5-10 percent below asking, depending on the product and how fast it would move on the market.