But, in reality, if you don't have an agent on your side, the listing agent will *likely* get 6% of the sales price ($40K), which is more than she'd have gotten had the sale gone to a buyer at $60K with another agent.All that said, the commissions shouldn't factor into what advice the agent gives the client, but in reality it often does.

In reality, regardless of claims, no lender makes a loan without the ability to repay the loan.

Fun game, especially when you translate it to reality.

That doesn't mean it would be a good/bad idea to put 80% down.I like to use Cash on Cash as PART of my analysis, if I see something that CF $500/mo but only gives a 6% COC return then it really isn't a good deal.So in reality there is no apples to apples comparison, there are a lot of variable on every side of the equation, and you need to know how to run your numbers to achieve your investment goal.

Ignoring that reality from an agent's perspective can cause tensions.

It's a bit of a gamble, though - both because your predictions have to be very close to reality, and because you never know what the market will do by the time you try to re-lease/sell.

It won't tell you much unless you know the process and the guidelines underwhich they are made.I'd suggest you go to appraisal sites, Appraisal Institute, name slips my mind at the moment, google "appraisal guidelines" or "appraisal requirements" What's almost as good in reality with much less brain damage, is to get out and tour homes for sale, the more you actually see in person the better you'll be able to spot a property and know what the price range would be.

Set up your goals to make them a reality.

You can "reality check" what you learn in your classes here at BP.I'm occasionally in your neighborhood as I travel between Dallas and Austin fairly often.

In reality, buying SFDs with 100% seller financing is rare, you need a motivated seller and trust, experience and be in good financial health to pull it off as a principle method.