If free and clear, contact owner by any means necessary and negotiate a purchase.- Example: ARV is $450k, current mortgage balance is $190k and default amount is $45k.

As the buyer he negotiates the financing terms with the seller.

You would then look to negotiate with the seller to see if they are open to vacate one of the units for you and your wife to live in (in order to still qualify for your FHA status).

We have someone in our office making offers and negotiating listed deals full time.

None of this has to do with continuing educations requirements which is in addition to agent training.I'm a bit puzzled as to Mark's statement as to price fixing, just the opposite, not allowing brokers and agent to negotiate the price of services is price fixing.

@Parag ShahI recommend you do some research and find a Realtor in your area that focuses on investing in real estate, you should have that lined up before you start trying to buy a property.A good Realtor will know how to negotiate and save you time and money.

We further have direct contact with various staff and management of the principal federal regulators and attend private meetings where regulators discuss their goals and strategy, and I am a charter member of a national Dodd-Frank Task Force created by the manufactured housing industry that has held many meetings with the CFPB, and have helped to negotiate solutions like the new appraisal rule.

They have a 95%+ failure rate.I prefer COACHING PROGRAMS with reputable coaches that train you but also work with you for the first year, helping you with negotiation and evaluating deals, etc. etc.  

If the owner sells to you perhaps he can avoid the 6% real estate fee so that's a lot of money you can negotiate with.

Well need to maintain rapport throughout the entire negotiation that just the beginning.