HUD recently accepted my offer on a single-family house, and my bid price is 25% less than the market value, making it a great deal.

What made you interested in investing in this type of deal?

In order to qualify for real estate professional status, you need to spend more than half of your work-related hours dealing in real estate directly, or more than 750 hours during the tax year.

Than this thing about the exclusive buyer agreement to me is great, and I don’t just say that from an agents prospective, people should be able to see in plain terms what services that can expect for what price and decide if that service is worth that to them, just like every other business, problem before is because seller was paying for buyers services it was opaque, now it will be written out in plain terms for everyone to see, the main result of this lawsuit was to put agents more in line with every other service business in America and increase the number of options for consumers, some agents might be paid more some will definitely get less, I think overall average commission’s come down, but again that’s how every other business operates people compete on price compete on service compete on relationships (I can get a better price with some subs because I’m a repeat customer who pays on time and is easy to deal with for instance) and than consumers can decide who that want to go with and once they decide to have that person working for them of course that person deserves to get paid for the time they put in.

That's who you contact to make a deal.

., $100k-$200k) for reserves, renovations, and future opportunities like syndications or funds.There's more risk with all cash deals. 

She brought us our first deal.

The only thing we are a bit confused on is he said you can simply "back out" of the deal if you change our mind...but how would you just "back out" of the contract if there is nothing actually wrong with the home?

Purchase price: $260,000 Cash invested: $50,000 Vacation rental What made you interested in investing in this type of deal?

There's probably opportunity everywhere if you look for it and come across the right deal, but I don't hear investors beating down the door trying to get into Stephenville.Three things to look for to be in the path of progress:1.