Otherwise, you're not playing fair.

I agree with Jon that the right play is to sell now.Originally posted by nationwidepi:I would also suggest selling and putting the money to better use.

The only problem is that he now wants 25-30% down in order to do the deals ; / He is playing hard ball with me.

This "Checkbook IRA LLC" seems like it could be the ideal vehicle for this.

You just need to put in a low offer to see if the bank is willing to play the game.

I deal with a lot of out of state investors and what I will say is that you can find really good rental properties in this area, but I would not spend what you are talking about spending.

And that chris brings into play one of the downfalls of the "kids".

If you believe that, then a regression to the means is inevitable.In any event, I play it very conservatively, and only believe in appreciation that I can force.

John is correct, if they accept $10, then you just cut them a check and proceed accordingly.Now I come from the school of putting down a large chunk for earnest money to show that I am serious and not playing games.There are enough contingencies that can be written to protect your money, and if I want the deal, I want the deal.I know many people will disagree with me on this, but that is just my personal preference.

The goal of building a buyers list is ideally to get repeat buyers moving your properties.