=====================================LOL====================================="wow this guy goes on and on...he's like the energizer bunny...he doesn't quit".....Well when you're rich son of a ***** like me, you work at home, and you have no more cares or responsibilities and you're no longer in the rat race...well what else is there to do but go into forums to philosophize and to do some online gaming. ha ha."

Then "the bank will order and pay for the appraisal".If you ask me, this is a bit more sophisticated that the Nigerian emails, but no more legit.And I say this wishing, oh, wishing it were true.

That makes it sound like there is no more risk than any other investment... there is always a chance that someone will break their contract.Maybe it's more common with these deals because the original owner stays involved longer than with a traditional sale or flip.

If it would be worth 230,000 ARV then you should pay no more than 70% of that number.

I use multiple LLCs with no more than 10 rental units per entity.

The key to making your notes valuable when using seller financing is to make sure you get enough down so the the LTV on your note is no more than 80% of the purchase price.

No more fear.

If you didn't see the curve ball, you may well not be able to hit the ball at all and then you have struck out with no more at bats.

To me, this was the win-win solution: little cost and no more fire hazard.Eventually, I will do the same in the other units.

I am thinking no more than $550.