Problem is the loan Seller's desire to recoup (or discount) their funds.  

It's been tremendous experience, but now I know I don't want to live (or own) properties with an HOA if I can help it.As I'm learning, it sounds to me like the hardest part for me early on will be finding the deals.

We are now working on pulling out some equity to help fund the next purchase.The benefits of this purchase are numerous- our increased net worth, we now live for free while still enjoying the benefits of mortgage paydown, and we have gained a tremendous amount of experience in real estate.  

Rented both units out to siblings who wanted both units at a discounted rate for a 2 year rental contract.

However, i think most RE investors realize returns are much better on discounted notes.That being said, there are a lot of people out there that don't have the time to look for notes and would really just prefer the cash flow from holding a mortgage for a buyer or investor withouth the need for a discount.

if you rent or whatever, concentrate on buying your own personal residence at a STEEP DISCOUNT.

Tell everyone you know that you're buying properties at a discount.

buy at a discount, get reappraised and refi.

I've negotiated plenty of short sales and that is how you get the best discounts.

There is so much discussion of foreclosures that writers, investors and Realtors are missing the fact that many builders in almost every area of the country have steeply discounting homes.