I have not been able to focus at work and my productivity at work is....let's just say, non-existent.

It's not about the products, it's about the people.

As with many of you here, Rich Dad, Poor Dad opened my eyes to the way rich people think.  

We would look at the product in the 2 mile to 3 mile radius for suburban.

I just bought a multi (2) family myself last year July so i'm very cash poor but i would like to take over this property.The seller:Seller owes 226kMarket value: Between 275K- 300kMortgage 6% (Conventional loan)Tax: 14k, Insurance 1,5KThe seller is current with all his bills.The rents are below market value and will cover mortgage, tax and insurance.The seller is open to any creative deal.How can i structure this deal so i don't have to put cash down and eventually refi the mortgage to get a better rate..Thanks!

I know that's poor english, but it makes the point.  

If those extra payments are going to move the numbers below your minimum investment criteria, then no, it is a poor way of funding a down payment.

If it isn't a secondary market product, as mentioned, there is no upside for the lender and they won't release anyone until the loan is paid off.That said, it wouldn't be impossible for a lender to agree up front in creating a loan that they would take a co-signer for a stated period of time or when the collateral value increases or the LTV reaches a certain point, this is done primarily in commercial aspects.

Haven't done anything with real estate since then as I've been busy with my own video production business and traveling, etc. 

I found one that plays the Cash Flow game by Rich Dad Poor Dad once a month, but that's not what I'm looking for.