My experience and understanding is you that you will have an incredibly difficult (if not impossible) time if you buy a property with cash and then try to get your cash back out using conventional, Fannie Mae financing.

I'm currently running ads on Craigslist and Hot Pads under Houses For Sale but am not getting any hits.

I hear Saskatchewan is hot... figuratively.

I was stuck in that same mindset for close to a year and I finally made the choice to expand my reach and start investing 30 miles away from the hot zone.

Gwinnett and most north end counties are red hot right now, so I'm looking to Auctions, and may start off market marketing as J suggested.

That is incredible.

That house is unbelievably incredible.

I have waited on the gadgets for kids and have my son do that as he knows what's hot, I don't have a clue.

Right now Charlotte has been a pretty hot market in certain areas so those numbers may make sense but other areas, like the west side of Charlotte it may take a bigger discount to entice a buyer.Also remember that the 70% of ARV - repairs is what the BUYER wants so you will need to factor in a number lower than that if you expect to get a finder's fee.

It is still nice here, but dont forget the sweltering hot summers.