I want to know how it works and what I mean is if i approach an investor and tell them that I invest in RE and am looking for funding and I will pay them x % return on their money.

But there are several approaches to accomplish this without further agitating the seller.Be the hero, the problem solver.

Greg Fend, the lease approach mentioned by Wendell De Guzman sounds similar to my dad's approach.In lieu of locking in a nominal % upfront (usually 2-5%) for the option, you increase the rent.

It's expected closing is fast approaching, this Friday (6/28/2013).The acquisition process has been rough.

I have already brought up the variance in below grade vs. above grade sq. footage and we will be running the comps together until I can recite them in my sleep.Mark Ferguson I too think this could be a great deal, but I think with the excellent advice from my personal REI mastermind, I will be re-evaluating the deal and plugging in some new variables.

I brought some of those up in my June 27 post in this thread.

Sounds like a reasonable approach, and he could pay you 30% of whatever the equity is.

. :) Bill Gulley - that's a clever approach that has already been suggested to those who face HOA restrictions on rentals; so gov't restrictions could certainly be overcome similarly (until they re-do the ordinance).

Also I haven't actually approached my Uncle with the deal as yet.

Man, I was lost.And then someone brought up foreclosure and I perked up.