Particularly with a motivated seller.

I've NEVER been to any of the pay seminars, or bought any of the programs, although I've read lots of the books (library) and heard some tapes (let me borrow it for a couple of days to see if I want buy it).Back in the day when I was still working (I was a sales rep) I would go sometimes to the Zig Ziglar and others "motivational/sales/postivie thinking" day long events.

If anyone is from the area or has some references I'm completely motivated to work with someone who knows the ropes.

I have different a motivation for everything I do.

well first i wanted to say that im going to visit my first property this weekend and without the help of this forum i probably wouldnt even be thinking about looking at actual properties. espcially thanks to ryan for anwering about 10000 of my questions.so the property is a 4 plex with 3 units already rented out. its gai is aprox 16800 ... and the property is only 65000. tennants all pay all utils. i thought it sounded to good but when the seller explained it seemed to make sense. he selling all his real estate to buy his 2nd bar which he says he enjoys running more and hes pretty motivated sell this property to get some money available for that. also apparetly the property is pretty ugly but i see that as a good thing because hopefully with some cosmetic changes i can add some value. so my question is what are the ups and downs to ownerfinancing. my other question is if seller financing could show anything about the sellers intentions, would a seller have any reason to or to not seller finance a problem property or money pit.. like would he benefit from me foreclosing or is there any reason some one wouldnt seller finance a problem property. ahha hopefully my queestions make sense but im not sure they do. thanks for everyones help!!

The underlying motive behind the repair then reimburse model was brought about after some investors saw fit to flight after receiving the rehab funds in advance.

I live in orange County CA and California ends up influences a lot of other markets for this reason or they flounder until they can get to a level of experience that they can make $$$ in California. of course everyone has their own opinion on this.Good luck to everyone.

I love being busy, but am motivated to invest in real estate so that my busy-ness makes my pockets bigger, not an employers.

Alright I'm a new investor,Ive been calling people left and right filtering out non motivated sellers.Anyways I'm not a greedy person,so I'm willing to give the owner 60% of apperication and I keep 40%.I have two people on my list to call them up if their willing to do a L/O.The other two one I gotta call up in a couple of days to see if their still interested in the deal.Another one I'm gonna speak with him,tommarow to discuss more of the matter.I need a L/O contract along with splitting apperication.

Now let me make a point before I post this topic, I already read several books and am VERY MOTIVATED :superman: .