If there were any charges, like discount points or origination fees, then the APR would be higher than the rate.$2217.11 is simply 12 times the payment ($2394.48) divided by 1.08.

Yes there is risk there but if you buy at a big enough discount that risk is minimized.

You need to buy at a discount and hold for cash flow.

If your interested in investing in US real estate, I would invite you to find discounted properties in markets where both population and economic growth is expected.

.- You find out in a few hours if you got the deal- The ones I have gotten I have gotten well below the normal discounts in the areaIf you can get over the long close time - the poor customer service then a deal is a deal is a deal.I have just learned to get over it and expect it to take a year to close and when it closes in 4 months I find myself plesantly surprised :)

If it is oil and there is gas in the house most gas companies will give you a free or discounted boiler.

In a discounted pay off situation (AKA short sale), the lien is not fully satisfied, but the negotiations with the lien holder bring about a payment to the lien holder sufficient for that lien holder to release the lien; a release document is what you'll then get and that can be recorded.Once all liens are paid off (in full or as agreed), you get to keep the net proceeds of a sale (and pay income taxes on your net proceeds), if there are any.

Are there any buy-back provisions or restrictions (to prevent subsequent sales at a discounted price)?

With enough buyers coming in, it allows the developer to save significantly on marketing costs as well as not needing to bring a JV partner in with cash.With the right deals structured, the developer shares those savings by granting significant discounts for the purchases.Thre are of course many more factors that come into play.

Could you explain your fundamental concept of "would I buy this property at a discount to market value today?