Location that will be favorably for cash flow, emerging market and not too high cost per unit?

But what is it with people when they provide the BS advise thinking they're doing you a favor?.

I am going to fix up most of the stuffs that the buyers expect and favor like installing new floors, appliances, paint, nice bathrooms and kitchen and etc.

I did a deal recently and the seller took back $100K at 4% on a $110K purchase price.If the seller is going to get full price, he should be giving you favorable terms; low monthly payments, low / zero down payment, long pay back period, etc.The real reason I like seller financing (I prefer to call it seller terms) and don't focus on price/terms up front so much is that the deal isn't done until that note is paid back in full.

We obviously have a vested interest in what happens with this property because we would like to bid on it again.As far as "fixing up someone else's house for free," they are not doing anyone any favors.

I see how that could maybe work for or against my favor.

Mortgage debt is looked at more favorably by fico.We got caught up a little when heloc's go cancelled/frozen in early '09.

It's a great neighborhood and would be the first to see appreciation once the market rebounds.Im thinking about offering $50,000 down and 30 year amortization, ideally with no balloon and wait it out til I find a buyer willing to pay a higher price or til I find a favorable refinance/sell option.

Maybe I'm too old fashion and don't get something, but if I have a property for sale in Springfield, Mo.

(S) I'm going over this afternoon for the final walk through and check out the punch list.Well, that means he is motivated, ready to move on.Ask leading questions that indicate the degree of motivation....asking "how motivated are you to go to the cleaners" won't work as often in your favor!