. #3, those are the rules, you probably have a good method to get the seller to move, about the only benefit is the difference between having a SS rather than a foreclosure.

I thought it was remarkable on a Nov appraisal of my 3 family for $325k that every method of evaluation: rents, rooms, units, GBA and bedrooms, came within a $9k range, less than a 3% variation w just one outlier, replacement being $340k.

Everyone has their methods, and it really depends on your personality, skills, how much money you have to spend, how much time you have, etc.Personally, I'm doing a lot of direct mail these days.

I heard about a method where you can sell to someone who wants to buy a house and can pay the payments but can’t get conventional financing.6)Option 6 might be this: I loan money to the owner to reinstate the bank loan, help find a buyer who would do the rehab for equity consideration.

If email is not one of the approved methods of communication, they could have an argument (a weak one) that you never properly cancelled.

I would very much like to avoid putting a property under contract and not be able to find a buyer because I followed the Estimated Value method when I should've based the numbers off the fair cash value.

Just market for motivated sellers by whatever method and they will call.

Then you can compare the numbers and you'll have your answer.One thing to note on the appraisal... lenders wont be using the income method to value the property... it's still considered residential.

I was watching a video but i think it was out of date since it was in the early 90's and was confused as to what the mans method of flipping and making money was.

Jack - I definitely believe in the pay it forward method and plan on doing so.