As a matter of fact, you have just described the principles of leverage.

The returns magnify if you assume 4 properties at 75% leverage, and the returns grow exponentially if you start adding in appreciation. 

If so, can you please educate me on how you responded or if you just went forward with an offer that met your needs instead of the sellers? 

My father-in-law has invested in Orlando condos (currently at 8) to fund his retirement but rather than following blindly in his footsteps I wanted to educate myself before making my first investment. 

The interest paid over time will pale in comparison to your wealth growth with leverage there.

Make sure to educate yourself first to minimize errors and optimize returns. 

Hello BP community, after hours of education via books, podcasts, and meeting with local investors, I have built my own cashflow spreadsheet and attempted to analyze a random local property on Realtor.com to practice my analysis skills.

For personal reasons, leverage makes me nervous and I sleep better at night knowing I don't have $500000 in debt.

Just finished “Leverage your IRA” by Matthew Allen amongst others.

NOPE 4 million was the bid.. hell we are only paying 4.4 for the whole track.. plan B I love this end of real estate .. most folks don't know squat about it and don't want to and rely on others you need to educate yourself on it.. and then work with the closers to make things happen.on your tax sale one.. if it goes to tax's does not matter who owned it right at least out here it would not tax sale clears title completely in our area.. everything except property tax's are wiped off and IRS has their short redemeption period.. speaking CA and WANOw in Oregon to my knowledge is the only state in the county that if you don't pay tax's it escheats to the state they take it in and sell it some years later as surplus.the state does not want to do this and will go to great lengths to help people not lose property..