Ideally I would be able to get it for 80,000 at 6% or less.He has a mortgage on the property also.

ideally i would like to enter in a property only once and have it sent out to all sites.i've researched various sites API's like Postlets, so i can have a platform built just for my business, but not all are provided.any info would be appreciated.thanks!

The sandwich LO is where you NEGOTIATE a price with the owner and then lease option it to a buyer for a higher price and ideally a few hundred more per month than what you are paying.

But ideally, we lock up the property with 10% down, and once the end buyer has given their deposit, the lender's funds would purchase/close on the land, fund the construction, and once complete sell the house with the previously purchased land as a typical spec house.

Buy a slightly cheaper single family house (more ideal- since I wouldn't have to worry about the tenant next door) and just consider it rent from now on?

It not ideal but just part of the business.

I was modelling 30% of expenses I didn't even hear about the 50% rule until I got onto this forum.Most guys I deal with model 20% so I thought I was being conservative plugging in 30%!

I have capital to invest but ideally with 30 year bond yields at historical lows I'm trying to financing my places I bought in cash so I can redeploy the capital and purchase more.Any advice is greatly appreciated.CheersTim

Also there could be a 3rd since I have talked to a seller whom had a stroke and is having a hard time being a landlord.

I agree with Mr Santarelli : “60 hours per week is a lot of work time “Key things for yourself will be: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~creating a great team of contractors, project managers, agent, etcDefinitely listen to the following podcast at least twice: #15, #12, #10, and #8Most important listen to podcasts #6 with Arthur Garcia -> triple timesJust a marketing ideal~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~on your potential customer receipt maybe you can mention “ We buy houses “ , etcFYI – podcasts our locate under the “ learn “ tab