If there were no vacancies or capex this year her cap makes sense for 1 year... you use your numbers as leverage to lower the price.

If the other person needs your money to close his deal or if it is a part of a 1031 exchange you may have a little more leverage.

Hello all,I am just getting started with REI, and while I am still solidifying my education I would like to begin looking at properties in the area for analysis experience.

We've had tenants request such when they were applying for housing assistance or other assistance with their living expenses or educational expenses.

Basically you want to broker real estate without a license just like the other thousands of clueless people that have no idea what they are doing, have no education, and disregard for laws.

Does this mean I am over leveraged?

You can leverage family and friendships (willing) to assist in research on city, schools, markets, etc. 

I would focus on repairing your credit. see a specialist (faster) or open credit cards little by little and pay them off each month. im not saying increase your spending, just saying instead of buying that tank of gas in cash use a cc and immediately pay it off. while your credit is repairing, start banking cash. build a budget and stick to it. 80K a year is good money, make it a goal of yours to retain as much of it as possible i.e. don't eat out, don't go to the local pub, drive a modest paid off car etc. once your credit is up and savings is up, use the 80k a year plus savings to get leverage. then use that leverage to buy your properties. if your looking for a get rich quick scheme, id advise u skip over RE. don't get me wrong, you can make money fast by flipping homes but you didn't mention having experience in that area so I assume you don't. another option if your really in a hurry is to find a partner with experience and cash, and see if you can buy into one of his/hers deals. you would have to market yourself for this and see what type of skills they may need that you have. maybe you can buy in and use your web development skills to beef up and/or maintain your partners website saving them money on outsourcing. that might be your ticket into a partnership. since you mentioned your helping your friend, maybe you can partner with him?

His actions say that he's actually fairly indifferent about losing the house (and perhaps he needs to be educated on this fact), but he probably doesn't want to immediately lose a place to stay.

Hello Everyone, Just recently my wife and I had attended the "Free RichDad® Education Workshop."