Purchase Price.The total purchase price to be paid by buyer will be $____________________ payable as follows:Non-refundable earnest money deposit $____________________Balance due at closing $____________________ Sale price is subject to approval by Buyer and Partners of Buyer as well and conditioned on the property appraising at or above the above referenced Purchase Price.3.

My question, and I know the answer is subjective, but how long do you accumulate that 50% and what would someone consider the upper threshold to stop putting that portion away and start counting it as profit?

What happens if you buy a property subject to the existing loan then the seller dies?

Louis, MO.Is there anyone out in that area who can help with trying to figure out the value of the subject property?

The subject of ARM versus fixed is a good thing to discuss. 5 years from now is basically guaranteed (>99.9%) chance to be a better financial time for me than now.

Sell the property and mortgage would get paid off and she would get some cash.You also have the option to sell the property subject to the existing mortgage and the existing contract agreement, assuming you could find a buyer.

Instead of buying rental properties on the MLS (which require mortgages and a high downpayment), perhaps I may suggest that you look into the "subject-to financing" niche, and acquire properties with built in financing.

Have you looked into the "subject to financing" niche, or creative financing?

@Ned CareyYou're right there are few good books on the subject.  16% solution is one of the best. 

If subject to attorney review, s/he may be uncomfortable if non-standardized forms are used.