He explained how he calculates yield and it sounds like cap rate, Net Cash flow / Price = yield.

I can explain this further if you like, let me know.You'll also want to look at and as best as you can determine the service life of the various components, factor that into your plans (buy and hold?

Can someone thoroughly explain these terms?

Account Closed in both I was explaining as you being the buyer.

So when I called three agents (in the LA area), I explained in detail the exact situation that I was facing.

Can anyone explain what this means on a listing in Bell County, TX:"Seller may convey with a Quit Claim Deed if VA title approval is not obtained 5 days prior to closing date."

So does it really just come down to talking to multiple lenders, explaining the situation and see if they can work with me? 

This explained his investing style, his mindset was to be in the game but to avoid almost any and all risks.

At first glance, the $495 seems cheap, and probably makes you wonder the reason for the low price; however, it could be explained for a variety of reasons: (1) it is that contractor's bread-and-butter; (2) the other two high priced contractors are swamped with work and simply won't do a job for less than x amount; (3) the low-cost contractor is in need of work and will work for a smaller profit margin. 

I explained how I can help out and he told me who to call about the home so I can purchase the home and finance it back to him.