Sorry, didn't do any brain damage on all the figures, but glanced and Will is correct with expenses.Usually, a seller willing to do 100% is doing nothing more than making you think you're getting a great deal.

Would love to sit down and pick someones brain that is active in the business.

It's always good to pick their brains.

This other investor might just have more money than brains or just very uneducated.

Would love to pick your brain a little!  

We also had to talk the city into taking 2nd lean position to our bankTDHCA also had to approve our purchase.The owner that sold it to our seller sold it with owner financing and when we were under contract he tried to foreclose (unsuccessfully) on our seller and then when it came time to close would not give payout amount for the balance of owner finance loan.As you can imagine the legal fees and brain damage we occurred getting this one a crossed the finish line were enormous.

Do you mind if I pick your brain on the matter?

This business can be done with no money, no risk, and no brains.

I'll try again later when my brain is functioning a little better.

Back story,

My wife and I moved from Omaha to Phoenix for Work 7 years ago. 6 years ago we bought our house in Phoenix for $157,000.

I got another job opportunity in Omaha and we moved back.

Before we moved, we ...