Here in Northern New Jersey, single family inventory is down over 25% from last year and there wasn't exactly a plethora of homes on the market then. This is also happening nationally (http://www.cnbc.com/2017/01/24/w...

Just like bank financing.I don't have any idea why the Seller you are referring to would do Seller Financing, but since you say he is "an older gentleman" he might have retirement income, and social security that would be taxable if his other income goes over a certain amount, and he might just like the idea of not paying all of the tax on his Capital Gains in one year.In Seller Financing, the Seller reports the amount of the Down Payment plus a fractional amount of the principal portion of each note payment received in the year of sale as Capital Gains.  

Some banks will have a very competitive portfolio product to work with.

For some reason we thought, and had several lenders who thought so too, that one could simply add VA entitlements together to circumvent the zero down loan limit and thus be competitive for the very limited multi-unit supply in the area.

It all sounded great, except the fact that many of the examples used on the show seemed to be in areas where the property values were a fraction of the price they are out here.

So, I live currently in 78704 in Austin, and obviously the competition is pretty crazy here as well as the price of properties.

Because I want to know so I can stay away from it and the competition and possible find another avenue and start studying now.Thanks!

Only other altenative is you would need to put it with an investor group like Norris group and go in on a fractionalized loan, which I don't like ...

I realize these types of list takes time to obtain, but they will be much more effective since most investors are mailing to the easy to get lists (absentee, high equity, etc.).2) There has been a lot of competition in direct mail over the past few years.  

So the competition here is quite excruciatingly painful to swallow, and not even factoring in the commute and the bubble over price rent.So back to the story, after 2years of saving my money i was able to begin my process in fixing the home I bought which was sitting there not doing anything for 2years (I was scared to rent it out to people I didn’t know, and felt it was not livable condition).