I've crunched a few numbers and it seems that just because of taxes, I am forced to search for deep discounts on homes.

Two years ago I tried to be "all in" at 70%,,,today in the same area, I'm probable closer to 90%,,,to a large degree the market will influence how good of a deal you can find.As others have said, I'm looking at cash flow,,if it fits the area/size/neighborhood specs I use, and still cash flows what I'm trying to achieve,,I'm not too worried what discount I'm getting.

@Ashley OffensendShort-Sale Pre-Foreclosure Investing: How to Buy "No-Equity" Properties Directly from the Bank -- at Huge Discounts by Dwan BentI know I'm late the party but this book gave me a good understand of shortsale.

While we're on the subject, does anyone know what kind of discounts all cash offers bring?

Thats how I do it...On rehabs 2500 to 7500 is common fee depending on the scope of work.new builds 7500 to 15,000 is what I pay the GC and as stated I pay the subs direct no mark up what so ever and I get all the material discounts as well the accounts are all in my name. the bill comes direct to me..

My knee jerk reaction is the discount is not enough.

Some time ago I wrote a blog post about Starting Out, you can search my name, and read it if you'd like.Of course, you want to read Beginner's Guide as it will help you tremendously.

The RE side of things is cash flow icing on the cake.I guess what I am trying to say is do not discount your options investing in 401k early, especially if you are still in your 20s, 30s.

For example, if I wanted to put in new floors, new carpet, etc wouldn't these all count as expenses and I would get basically a 40% discount off these expenses(until I hit the 25k limit) since it would be reducing my taxes at my marginal rate.

We can offer you FULL PRICE, if you will hold a mortgage, or ALL CASH…at a pretty severe discount.