I never chase REO deals or sheriff sales, when I place bid, I am the only one in the game.

It cost about 30 bucks here in NJ to file - pretty cheap insurance in case tenant decides they want to play games.

Then as more time passes the less interest they have in buying...He's playing a nasty game...Sadly, he's winning...I'm trying to think of a way to sell with the MINIMAL amount of involvement on his part...Maybe sell the place and then AFTER the sale, then tell the new owners to call him...I'm getting tired of this...

i dont know of any banks allowing a seller to hold your downpayment...not saying its not possible, but most want skin in the game....good luck and let us know :)

Seeing that I'm still in the teething stages of this Real Estate game, I ran across something here in my neighborhood and I would appreciate some advice.SITUATION:1) I was doing a tax record search and I ran across a property that caught my interest. 2) The house was deeded as "Estate of XYZ".3) Did more research of Mr.

You can opt to undercut those prices, maybe simply do an 8% fee.That will get you in the game... and put a little cash in your pocket.

I'm game if there is room :D

You can have a string of successes but if you are too levered that one bad one that you didn't see coming can take you out of the game.

You need skin in the game if you don't have a solid history and relationship.

Being new in the game, you dont always think things through 100% if put on the spot, it's too easy to give in and people try and take advantage of you at a young age, new in the game, this ALWAYS gives you an out, gives you time to consiter anything,tenant wants to have a dog, put on the spot you might agree, but as the manager you'll ask the owner and get back to them. !