The 2nd looks like foreclosure (although I don't think they use the word foreclosure in the legal notice) - because a loan was taken out & had the property as 'security' or 'collateral'.

In other words, if you dont need that money in the forseeable future, then as everybody has said, cash is king and it WILL afford you discounts you wouldnt have other wise received.However, if you are running deal to deal, or somewhat early on, OPM is the best by far.

Another word, I'm the sole proprietary owner of a company that own several properties (All free and clear).

With that said, it's also sometimes very difficult to establish yourself as a wholesaler.For example in my market, Cleveland, OH, there are several self proclaimed wholesalers that give the word a bad name.

That means that for every DOLLAR that I've PAID, or LOST (either in interest, or excess of expense over income), I'm allowed to deduct TWENTY FIVE CENTS from my tax bill.In other words I'm buying quarters for a dollar apiece.

In other words, if, for some reason I put down 19%, would one need to only accumulate 1% more, or 20% of the remaining loan balance?

Enjoyed every word of it, thanks Adam and I wait to see what you have in store for us next!

ASSUMING -- and I capitalized this, because that's the key word in this exercise -- this could be done, here are the numbers to an example I thought of. . .Let's say there's a home out there with a FMV of $250,000.

In other words, the policy will pay only excess amounts, if any other policy exists.

In other words, tax law makes it beneficial for you to maintain your mortgage.Reason #6: Mortgage payments get easier over time.Carrying a mortgage gets to be fun, too.