If they own the property free and clear and you pointed out $50k in repairs to drive the price down, offer $27k because that is your MOA but sell for $37k.yes there will be upset and feel as if you got over on them and make them feel like that is $10 more they could have made if they would have just waited and stuck to there guns.Now if they are facing foreclosure and have no choice but to sell because they do not have the capital to stay a float.

You must occupy at least for one year, but I would double check with a lender.Another alternative you may want to consider is buying investment property inside of your IRA.

We had to rent for a while, ourselves, with our 75-lb lab and found that this market is sorely needed and tenants will stay longer if they have less choice in moving.

So instead of getting fired up and finding alternative solutions I give up. 90 days is just not going to happen.

Your choice if you want to use that as part of your criteria.

You have two choices in order to pay down that debt.

I did read the article on this site titled "4 Alternative Methods to Finance Your Apartment Investment" and am going to start looking for potential investors interested in a joint venture.

Hi @Alexander Felice welcome to BP.I believe only wholersaling is a mistake for REIs,you should be in the"I will buy or lease your house fast business", or"I will solve your home problem business"solving problems and offering a couple of choices to the home seller, like all cash, or owner financing, or lease option then assign, is a good business plan.See my BP blog for some sales ideas.http://www.biggerpockets.com/blogs/3-reiskills-and-brian-gibbonsAnd welcome to BP!

Its all they have down here so a moajority of us floridians have no choice.

This could require a fairly significant amount of personal funds if your market is higher priced, such as mine in Northern Virginia.As an alternative I plan to explore local/regional bank offerings, target lower cost markets nearby, or simply wholesale initial leads to build working capital.