It's not something I look forward to-- with this last turnover being an unusually more challenging/lengthy process, but I certainly don't feeling like holding her "hostage."

If you want to use seller financing, all this is should be are the terms for which you and seller agree to sell the property for:1) Intial payment (through escrow)2) Any additional consideration (cash, car, collectible, note or notes)3) any additional consideration paid upon some future date or thing happening.Start with your dream terms that you can discuss and still keep a straight face.

I am fairly new to BP as well, but have found it to be a very great platform.Stay tuned in, utilize keywords, and build your network.When facing expensive real estate, just brainstorm on strategies that you could utilize if you had the money.

While you are in front of them face to face, find out what the motivation is and use that to get the price down.

* I think this is also an issue due to the face we listed a 6 bedroom home originally in November.

Now, I challenge you to take another." - Dan PoynterLastly, don't forget that we are here to help and likewise learn from your contributions.

Hold open houses for other agents in your office just to get your face out there and interact with the public.

Cash-on-Cash Return Cash-on-Cash, the popular real estate investing return, is explained including its meaning, shortcoming, and formulation...Debt Coverage Ratio (DCR) A ratio investors and lenders use to track and compare debt-related outcomes for rental property and measure financial risk...Gross Rent Multiplier (GRM) A quick and easy way to determine whether or not a property is priced in line with other similar-type properties...Internal Rate of Return (IRR) The time value computation that shows the ratio between future cash flows and initial cash investment as a percentage...Loan-to-Value (LTV) A computation related to mortgages that lenders use when financing investment property as a measurement of their financial risk...The Maximum Purchase Price Calculation A calculation investors can make to determine the maximum price they can pay for an income property to at least break-even and avoid a negative cash flow...How to Compute Net Present Value Net present value is explained along with its formulation and use in real estate investing...Profitability Index The time value computation that shows the 'proportion' of dollars returned to dollars invested rather than the amount...Rental Income Property Cash Flow A fundamental look at rental income property cash flow for those of you new to real estate investing...Sinking Fund Factor Know the amount you you must start setting aside on a regular basis now to cover a capital expenditure scheduled in the future...Tax MattersIncome Property Operating Expenses and the IRS Tax Code Learn what operating expenses should be included in a rental property analysis as well as what the tax code says about operating expense deductions...The Recapture Tax Real Estate Investors Face When They Sell The seldom expected recapture tax real estate investors expect to owe the Feds after they sell their rental income property....The Cash Flow After Tax Calculation How to calculate cash flow after tax step-by-step starting at the gross scheduled income...The Depreciation Allowance According to the IRS Tax Code How the IRS figures the depreciation allowance for investment real estate along with its concept, limitations, and formulation...Understanding Rental Property Depreciation and Recapture Tax Rental property depreciation allowance and the recapture tax associated with it are explained...AnalysisCap Rate or GRM?

As a read the posts in this thread I see a common challenge of new, wanna be investors:They fall in love with the dream and not the process.

I also really like a challenge, which I feel is missing right now.