It usually takes me about 10 minutes of some searching to figure out that they are just throwing another deal around.

There was an agent but they are not the usual MF broker listing. 

Pros are good cash flow & usually lower appreciation.

On top of all that, the listing price is usually just a starting point for negotiations.

Regardless of all of that, I don't even think it matters because cash buyers are usually looking for quick fix and flips, right?

I would usually use 8, but that may change based on UR's research.

When we buy we know about what the closing costs etc will be but on deals of your size we would just assume a higher number for our projection ie 5K closing costs to buy and then usually just the 6-8% on the sale. 

From that point whatever the small difference from $400 is vs the carpet bid will either be owed by her or paid back if the bid came in lower than $400.3) Lastly, this is not someone that usually pays bills on time or has a ton of money.

Though I don't usually like converts, The layout of this one works pretty well.

Some will even give you a credit line up to 90%+ of home value.It would allow you to access a lot of that equity to use for down payments or cash buys.The downside is that HELOCs are usually floating rate.That’s probably the easiest way to minimize fees, keep your properties performing, and expand the portfolio.