Take a look on my website below and send me a few deals.

You can always offer sub2 terms if they want a higher price or aren't as motivated to move quickly/cash out.Also would you chose different filters from listsource.com if you were looking to find sub2 vs wholesaling?

Joel Owens,To make a clickable link: When you start a new topic, if you look just below where you type the message, you will see an Icon with the words "link" on it.Click link, and then do a copy and paste of the article that you want linked.

Take a look at the photo below and you'll see it: You now can check out the three newest blog posts from the BiggerPockets Blog on the Forum Sidebar.

In the stock market doing "average" is doing very well, as many funds perform below average (after accounting for fees, etc)And yes the leverage comment was more of a joke than a serious comparison.

NOI would be lowered by 6708 down to 8892(20 years at 6.5%).

You DTI would be low and your house payments would be minimal.

See illustration below.

Google the Foreclosure Tenant Protection Act for all the rules and possible exceptions (eg if the rent is below market value or they are family members of previous ownerIn addition to that law, you'll have to check local or state ordinancesGood luck

That would be a good deal.Also, as Matt mentioned, the 2% rule phases downward as value goes higher than $75k and needs to go up as prices get below $50k.