I would like to offer them 20k even, and see if they accept, or meet me somewhere in the middle.Very excited to see the feedback on this one!

If you're like to offer up these properties, please post details about them in the Make Deals forum.

I really the "change your business model' advice provided by Marcus...However, I would like to offer this insight into how to change your model while still staying with the rental game.Stop making offers on properties that require YOUR money to make the down payments on them!

A cash buyer might be willing to accept that deed, but don't count on that, and expect to offer a big discount to them if they did so.BTW - you are seeing prices for what will be the opening bid on those tax sales; expect that the final bid could be much higher.

Now, 70% ARV would tell me to offer $119k, which I think is mostly due to the higher profit margin of 15%.

I do have about $20k to start with and i will be doing this all with my parents (split 50/50 with an llc) and they have some money as well, plus any commission monies.My idea was to find the deals before they hit the mls and get a few hml to offer cash prices and rent them out for a good monthly cash flow.

:o)Seriously, you should consider putting your knowledge of notes in an ebook, including how to find the depts that deal with note selling from lenders, creating notes, strategies on how to buy and sell notes, and formulas to identify how much to offer, based on the note, etc.I, for one, would love to have that ebook, as we are setting up a vehicle for private money.

IE - if the bank says they want $190K for this place, will your realtor get them down or just tell you that you need to offer $190?

I am thinking that I would like to offer a point or two on the A – B, and allow them to re-list the B to C at 6%.

I have a lot of time on my hand right now to do rei.I would like to offer my time , to learn the business from an investor / mentor.