If you can take a reduction today, I can buy the house before it goes to foreclosure and you save the foreclosure expenses and risk of it going to the city if it doesn't sell.They might be more interested if you want to increase the tax value, for example if you want to build a house on it.Otherwise you have to wait until it goes through foreclosure and you never know when that will be and at what price. 

Today I closed on my first investment property and I look forward to fixing it up and growing my network.

I've been arranging this savings for my pre-approved borrower/buyers since 1999 and have the above in place today.  

Anyway... so that’s me, and how I got to where I am today.

Others will sacrifice cash-flow today by putting their property on a 15 year mortgage.

What are today's numbers?

just symptomatic of a recovered market.. what you perceive a deal to be based on 5 to 7 years ago is just not what the market is willing to pay today..over the years we change our strategy every 5 to 7 years as well to go along with market cycles.right now there is more money in short term lending than most anything else if you have sufficient cash. 

The value is from the insurance providers (quick calculations): USAA - I use them for everthing else today, Statefarm, and Nationwide. 

Opened the safe today.

However, if you have 25% to put down with at lease 5% left over after closing in "reserves" and decent credit, you're in business, even without a job.If this is the case, do as I advise and open an LLC today.