If you add financing into that mix...well...it becomes a bad deal from the get-go.

Maybe it really isn't as bad as you think and is a great opportunity!

Maybe even along with some kind of satisfaction metric by the owner.Also things like macro trends for rents and appreciation by neighborhood.Maybe even a way for turnkey providers or other real estate professionals to aggregate data on all the deals they've done that could be verified by a 3rd party so you can you really drill in detail into what to expect.Super new to the space so it's possible these are really bad ideas!

we have heard many good and bad experiences with using hard money and private money. we are new to real estate investing and looking to do a flip soon.

@Susan Steele  I don't think it's ever a bad time to try something new.

My husband and I didn't buy properties in bad neighborhoods, they just developed into them after several years had gone by. 

After crunching all of the numbers I should be cash flowing pretty well with this purchase, and it's not a bad first property to start my investing journey. 

The last thing we would want to do is waste someone's time with presenting a bad deal.

I'm not willing to make a bad deal just because a seller has to have "X" amount.

I am looking to buy my first rental property and just started looking at mortgage rates from banks and credit unions. I saw Bank of America offering mortgages with only 3% down and without PMI. Is it a good thing to p...