Add on 25% (your 20% downpayment), and you get $252K or $288KBut, you should investigate what you can get for loan terms.

Would you say then that the REI would go ahead and sign a lease option agreement, which is contingent upon finding a tenant buyer within the next 30-60 days, and the seller can continue to market their house in the meantime Iwith the REI as an exclusion if the house is listed)?

I've already found a great deal of useful info on this page and hope that it results in continual learning and networking opportunities.Thanks.

BTW - We'll continue our chat by email as well . . .

I began investigating how to make the big bucks and realized that land acquisition was the easiest and most lucrative job to have in real estate.

So, we'll continue to use to very optimistic 33%.

If you continually market to an area with signs, fliers, business cards, and direct mail, it will become essentially saturated with your marketing message and your response rates will soar.There are some drawbacks to farming as well, which are fairly easily overcome.

We want to continue buying, and really like the paid off route.

Blogs and forums make it sound like every top producing loan officer was getting a little something something, but when it comes to investigations, there has not been a whole lot of evidence that this is happening.I find it pretty much impossible to point to evidence of kick-backs unless somebody is whistle blowing, because where would these payments be reflected in any of the loan docs at closing?

Did you see my PM about him continuing to post without updating his profile?