Kris and CK are talking about private money, which is not available to retail buyers.While 3% sounds low, it is also true that there are people who have different appetites for risk, and there are people that don't even bother to ask the risk/yield question and are just excited to be "investing in real estate".

So look at this as an exciting opportunity to learn and grow and not as a negative.

Then one of my (best-paying) tenants told my handyman that she's excited about the lights and she's been waiting since October for Xmas to come..

I am very excited to be with you all on Bigger Pockets.

Are there any NEW innovative ways of finding those who have their hands up and screaming "PLEASE BUY MY HOUSE!"

The only idea I'd have would be to contact the current owner, who may or may not be very excited to discuss the auction where he's going to officially lose his building, but the current owner is actually someone we know, not real well but more like a friend of a friend and I just don't feel comfortable approaching him about this building he's about to lose.

I have been renting an office at a co-working space for the past year and the owner wants to sell his entire building to me, so I'm quite excited about this opportunity!

@Joe Fairless I got too excited man..

asking price $520K two comps in the area 1. 2 bed 2 bath 1000 sf renovated sold in nov $600k, 2. 3 bed 1 bath 1250 sqf renovated no pool. listed at 630K sold for 610K in july.

I'm new to biggerpockets and have been very excited ever since I found this site.