It should be a good market for wholesale transactions.

I am an all cash investor/principal with $2 million per transaction that seeks to purchase substantially discounted real estate, builder closeouts, REO's and other opportunities with fast exit strategies throughout U.S.

My last transaction, though, was a disaster, and I can no longer recommend them.

However, to accomplish that, you would either have to invent the next "must have" product, or work your butt off 24/7/365 for the rest of your life.

Chris thanks for the info, chris i also found out that my thoughts were correct.there is no set value, the value of the property is based on what makes sense for you to achieve your investment goals (that's it).some will say to not rely on the cap rate for your purchase decision (which i agree), but to use it to compare to other similar properties that have sold in the area, which is actually not reliable because 1. there will be less comparables, 2. how properties were purchased vary from deal to deal, 3. the inner workings of most transactions are confidential.so the best way to analyze a deal (while using cap rates) is to add your financing terms into the picture (principal + interest and etc) and calculate what the deal is really worth to you.see the normal NOI/Asking price = cap rate is based on if someone were to pay all cash, this is the return they could expect first year, but paying all cash for a property doesn't happen all that often (bank funding will be use for a large portion of that cost).so i found the best way to use this formula and analyze my deals is by look at all factors but also including my financing terms with my desired return objectives into the picture to get a proper view and value to me.

All Texas real estate transactions are required to use this contract unless the buyer or seller has an attorney draw up the contract, which is not typical in Texas.

I may now be forced to go through with a transaction that is probably not the best thing for me (although it doesn't look like I'll lose my shirt.)So that got me to thinking: what are your criteria, and where are you in your real estate investing career?

Personally, I think it's counter productive and against the concept of free enterprise.

I need to know if there's any second liens products or no seasoning cash-outs available.Here's the scenario:Client purchasing home for $374,000 valued at $600,000.

I'm looking forward to hearing about your real estate transactions.