We are low balling bank with beginning offe at $70,000.

I'm certainly not advising you to go in and call the guy names, carry a ball bat or anything like that, but if you scare them to the point that they money is not worth the trouble they may face, you might get more back.Like others have said, many are not registered or hold a license.

I would also agree that relationships are critical and I'm thankful to have several trusted local people to help me get the ball rolling.

Time frame is 3 yearsExit Strategy 4:Do an equity partnership, close the business, exercise the additional 7,350 airspace rights and rehab the building into a high luxury condominium, then lease the space to a 4 star or 5 star restaurant, after rehab is complete.

Never, ever accept the borrower's evaluation of the property.Learn enough about repairs to know if the repair estimates are in the right ball park.Be sure the borrower gets their money in up front.

I asked her for a recommendation on an offer, and she said closest to asking price because short sales take a while to close, the banks usually do not want to deal with low ball offers.

Sell him an option for $40K with a six month or a year exercise time.

I think that is my main concern - I don't want any red flags to go up and have people accusing me of making low-ball offers just so i can get a listing, if I do decide to become an agent up there

Make sure you incorporate exercise.

It motivates the assignee to exercise the option sooner than later.