I was looking at spending up to 200k for this neighborhood.The question: How can I structure a deal with owner financing where I end up paying less overall for the price he wants (250k) than I would for a lower price (200k) but with standard mortgage terms?

I thought that I had my lender in place, but I just found out that he will not give a loan less than $50,000, and he says that is standard practice.  

Sincerely, Mortgage Services Department*******Is this industry standard?  

I want to acquire mainly single family homes (at least for the first few years) but financing with a standard mortgage will be difficult to achieve in a year.

I was wondering what some investors might say about the standard output data vs. standard mortgage leads.

In my leases, there is a standard statement that reads     "There are no oral agreements between Landlord and Tenant."

Just on 37k invested and 65k sold the annualized is 213% so if you deduct your expenses you are still pretty high up there for annualized return.

As, one big advantage of real estate  (when buying it outside an IRA) is the depreciation deduction and interest deduction, that can shelter cash flow from taxes.But, this money that comes out of the IRA, when I retire,  will be taxable, correct?  

The majority of property there is purchased with all cash so that's the standard. 

Like you said, mortgage rates are between 3.5-4.75% for residential loans on 30 year mortgages, when you then factor in an expected average inflation rate of about 2% and the fact that you can deduct interest that's practically free money.