As the population continues to grow and more high income earners move here to work at Toyota, Boom, etc. the average purchase price will continue to rise making it even more difficult for first time buyers to break into the market.

But note investing definitely works, if anyone is looking to get into it.My best deal was purchased for $13k and generated about $170k.

Here are the numbers, so you can see what I mean.The numbers are the following: 359,900.00 sales price (purchased Dec 2015) 89,975.00 down payment (25%) 10,000.00 closing cost (estimate - I don’t remember the exact figure) 7,000.00 required rehab (estimate - I don’t remember the exact figure) 106,975.00 Cash invested 3,900.00 Rental Income (actual figures) 150.00 Parking Income (actual figures) 4,050.00 Total Inflows (400.00) Utilities (250.00) repair budget (not an actual outflow, yet) (2,200.00) Mortgage (Includes insurance, taxes, and P&I) 1,200.00 Operating Inflows 14,400.00 Yearly inflow 13.46% ROI If I were to use the 50% rule I would have discarded the property. 

For $150,000, this could be $3,000 to $7,500.Investing in a Rental Property: Costs and ExpensesDown Payment and Closing Costs:Down Payment: Assuming you buy a $300,000 rental property, you need a 20% down payment ($60,000).Closing Costs: Typically 2% to 5% of the purchase price.

It is a time-consuming very unorthodox process, however we've developed a few relationships there to speed the process up.

I've recently came across this technique of assuming the sellers mortgage when purchasing the house.

Hello friends, Can someone recommend names of people with experience and knowledge about analyzing and navigating the process of buying land using the seller financing method?thanks

I had seriously been considering purchasing the CI DEAL DOG package due to its 'simplicity'.

Purchase price: $19,000 Sale price: $20,000 This is one of two lots I got under contract in Port Charlotte, FL from the same seller.Sold it to a builder for $20k.

Non realtor (me) drawing up purchase contract with seller financing land deal, owner is listed as "ABC Inc Profit Sharing Plan" in the county CAD.