I am a huge believer in seller finance.

So, unless the Seller is equally inclined to speculate (including the idea of accepting that same 20% deposit using say, a specific sized bar of gold at today's price), it's no surprise that most Sellers still like "stable currency", right?

If they say "Oh that F___g place, oh-let-me-tell-ya" you may have just found a seller. 

We added value by getting this home way under asking with seller concessions.

SFH for mtrs.Nothing came through.Latest deal looks promising; in 2nd stage for negotations.But there was a plot twist.My current offer is $12K below asking and the seller has accepted it but taken off the offer for seller buy down, and won't pay my agent's 3% commission. 

Our team’s expertise in evaluating similar homes ensured the seller agreed on a fair price, making this a seamless acquisition for Partner Driven and our partner, Billy Medlen.

Also got almost all of the closing costs paid by seller.

There are short sales in there everywhere, everything's for sale and anything under contract is usually $100k or more below what the seller paid for the property.

Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.