We're moving to a 6 year fixed/20 year amortization loan with a balloon payment at the end, however we have negotiated the bank adding in a guarantee of renewal to a new loan at the end of the 6 year term at the same % above prime that we close the loan at (eg; we're closing now at 4%, .75% over prime. 

Also, negotiate with the lender that it be a non-recourse loan IF you find a good enough deal.I've borrowed nearly a million bucks in hard money since 2012 and it was a great way to get rolling but working with the right lender is key!  

I'm looking for someone who can take me under their wing on some wholesale deals to teach me how it's done,from putting a property under contract,negotiating,making an offer on a property and closing a deal.

My plans right now are to see the place myself this weekend, let it settle and not let my emotions take over, and then make an offer (expecting to negotiate and will be contingent on tenant leaving) mid next week.

Why not just negotiate an option contract, that does  not require lying to the seller?

2) When possible, attempt to negotiate and get the Seller to agree to allowing you to have keys (or a lock box) on the property BEFORE closing escrow (obviously only works if the property is vacant and is a FSBO).

Hi I am new to real estate, and i am having a hard time understanding how to negotiate a pre-foreclosure, my question is pretty straight forward. " can I buy a pre-foreclosure for less than the outstanding balance?"

With some negotiating, i could create a positive cash flow of $400 a month (from 1300 rent).

I'm negotiating the purchase of a fixer upper duplex.

After doing more research, I found that DORA states that a “Real estate broker” does not apply to any person acting personally acting as principal in acquiring or in negotiating to acquire any interest in real estate, or any person acting personally with respect to property owned or leased by that person....However, Article 1 of of the National Association of Realtors code of ethics states "Realtors®, when acting as principals in a real estate transaction, remain obligated by the duties imposed by the Code of Ethics." which includes all of the disclosure requirements.I found that the requirement to run all transactions thru the employing Brokerage comes from their rules that require them to monitor all transactions from employed brokers.