Hey BPgot a call of a bandit sign, He is very motivated because he is moving out, this would be our  first deal. we went to look at the house its really not in that bad of shape, needs a new roof and a couple cosmetics, and a very small foundation crack The arv is 73,000 he is asking 33,000 so its already much below .65%he cant go lower than 33k because that is what he owes. 

We are very motivated individuals and even more so as a team.

to expand,  we are currently looking for an agent willing to shotgun deals for assignment, and also to be able to help people out of tough situations i.e. per-foreclosures / absentee owners, motivated sellers in general. 

They have owned the building since 1997, and it was on a 99 year ground lease with roughly 65 years remaining. 

You'll receive 100K+costs to foreclose, any remaining money would be an overage and go to the previous owner.

Be sure to check out the podcasts they are insanely informative and motivational.  

The tenants would maybe cover 50-75% of the mortgage, but that remaining 25-50% is way out of my monthly budget.I definitely still have a lot more to learn with the numbers, especially since I've only been researching this for about a week now.

I'm trying to remain on speaking terms and she told me 2 months ago she was in process of moving but car is still in drive!

Very encouraging posts on doing due diligence and also staying motivated and not allowing set-backs to knock you off your course.

I went to the three-day course and it is motivating.