Often times you can structure a lower cash deal since they won't have to pay 10-15% selling costs or you can do subject to or a lease option assignment.Listed properties: you go door knocking on targeted listed properties, make a good presentation, and present a "Plan B" if the agent doesn't do their job and leave them with a flyer on benefits of a lease purchase and have them call you if the agent doesn't perform.FSBOs: these people want to sell their house fast and for full price.

@Aaron Corleone I changed your subject to be more meaningful.

You can purchase the property (and get the deed) subject to anything, including the 2nd lien.

Flipping property out of your 401k most likely will be considered as active business and will subject all gains and profits from this activity to UBIT (Unrelated Business Income Tax).

What about subject to?

We have a property we acquired subject-to existing financing, so we didn't pay much for the purchase.

I mean the podcasts, blogs, and forums are WAY higher up on the value scale than any of Rich Dads trainings.I mean the Rich Dad coach was teaching people who must have dished out thousands what subject tos and land trusts were.

I JUST did a podcast with BP on the subject.

If you had a note and a deed of trust on the subject property then sure that would work fine but it sounds like your saying to use a heloc to buy another property in cash.

Or you can do some creative financing for flips such as subject to's and seller carry backs.