My assumption is that if they have owned the properties for 20 years, the owners may be ready to retire and could use a large chunk of cash and to eliminate the headache of ownership.

A friend investor is unable to get financing for this property and he mentioned it to me, details as follows: Purchase Price: 405K (50 days in the market - current owner is retiring)4 Units - 3 bedrooms eachAll units rented @ 1023.00 (including heat) - $ 49,104Assessment: $ 63,400.Land + $ 256,400.

Right now I am fussing trying to get my SDIRA set up so I can by and hold a property or two using my retirement funds.There is an investors club in N.

They use the cash as part of their retirement lifestyle.

I have cash for about 1 or 2 more of these foreclosures I've been snatching up, but after that, I'm tapped out without liquidating my retirement funds.  

She even said that she would have to go back to work to pay her bills ( she is retired).She is asking $150,000 ( that is what she think it is worth but not sure.)

I am semi-retired from my small law practice, and most of what's left is within an easy drive of this house which is close to highways in all directions.  

If I listened solely to Ben I'd be retired and completely inactive.

Verified income, credit scores of 800+/-, all units cash flowing, no personal debt, over six figues in retirement accounts, etc.

Don’t risk the principle… Only play with the Interest… You have enough already to have $10,000,000 or more at retirement… If you don’t squander it away.