Josh-We just left Oahu this summer and we miss it incredibly.

The property I'm specifically thinking about is likely to go for less than $50,000 and is on a quarter acre with incredible visibility off a heavily used exit.

But, for a couple reasons I'm not going to easily score a "deal" and so it feels kind of like buying a stock to me - and if I'm buying now when we have just seen a 20% annual increase in housing prices, on top of another 10% in the previous year, am I not bound to be along for the ride during a consequent drop in prices in the future?

Just wanted to ask the incredible experienced BP community the best way to execute such a deal.

Thanks for posting this incredibly valuable info.

The score came back low, and the applicant has 7 collections outstanding dating back several years to current. 

He passes with flying colors with more that enough income and great credit score.

Incredibly deep Abyss to look into and inform oneself about with a myriad of information to go through.So far:Accredited Investors are defined by the SEC as having $200,000 of annual income per individual ($300,000 per couple) with the expectation of that continuing, or a net worth of more than $1 million, excluding the value of the primary residence.Ive also included some information straight from the SEC below and their link.Hope this helps others in a brief breakdown, so far on what is being an Accredited Investor in short.Here's the link:http://www.sec.gov/Here is a quick breakdown of what Ive learned so far on Accredited Investors:

Simply incredible!!!

A Realtor/Escrow Agent/State RE School instructor, that guy has an incredible ego.They also left out the appraisal requirements at the seller's expense as Curt mentioned..I suppose every time some RE type mentions this stuff people need to look at their expertise in finance compliance and law, then look to the agenda of that party giving that source of information.Why don't people find out that auto sales and financing is much easier than RE or brokering T-shirts from China to stores can be very profitable with very little cash?