the 70% rule allows you to have 10-20% profit, depending on situations.

I don't know if your market doesn't allow better deals so take my advice with a grain of salt.  

Its not much for either of us, but I'm wondering if doing that allows me to see what kind of people these are- whether they're flexible and motivated, or if they get angry/annoyed. 

In general, What is the reason a property owner would allow 1 property to go short sale and why would a lender do it in this situation? 

Thanks and wish you the best of luck in the future"I don't know if any PA statute that allows 2x the total deposit amount.

I know I heard about a bank that would allow 10% down without PMI on one of the podcasts.

Marg is on Social Security and is living with care.Kat pays Marg in Cash, in order not to jepordize the elderly womans (Marg's) SS.The FHA will not accept this, as they want to see proof of rent paid, but the sellers do not want the rent coming in as it could jeopardize their mothers (M) SocialS.The elderly woman owns the house outright and is quite flexible when it comes to payments and allowing my friend to possibly stay another 6 months in order to satisfy the FHA, but is at that point where she would like to get her estate in order for her will and would not be able to carry financing for a long period.

If the OF has no pre-payment, it could be refinanced in as short a period as the bank will allow.

Also you might try investing with the minimum allowed to see how it works and work up from there.

If not, then move to step 4.Step 4: After stabilizing the cashflow/property, prepare your personal financial position to allow for you to buy out your partner and continue on your own moving forward.Step 5: Find a bunch more deals and rock it!