I can't get the seller any lower.

They seem pretty desperate to sell quick and have sent out a few emails to the interested buyers list lowering the price.

From that you can figure out the lower bound.

If you want junkers you send postcards into a specific carrier route in a specific zip code of lower end properties.If you want Subject to deals get a list of expired listings from a realtor in your reia group.

I would set up a LLC and expense as much as possible to lower you personal taxes

Crediting $200 per month to the purchase price does not help you as the seller and, in fact, reduces your profit at the closing table.I have had great success in having the following:* 5% lower house rent than my competitors (its taxable income any)* Extra Option payment of $300 per month (tax deferred as per IRS IRC 1234)* Guaranteed up to (2) 12 month extensions if financing fails (rent is increased by 5% next 12 months).* Having their Option able to be "marketed and sold" by TBers at their own expense if there is either a family emergency or job transfer (needs to be proven)IMHO, people that 10% into a property will get financed better and easier than No Money Down or 3%.

Which makes better sense, have commissions, fees, etc. added to the loan or pay them outright to have a lower mortgage?

Also, the WCOOPs are good tournaments but why not play something with lower variance?

For the record, there is no shortage of deer in lower delaware.

and you also have to be careful about whether there was a subordination; if you see a small senior lien held by a lender, and bigger junior liens held by some lender, then you should expect that the junior lenders required a subordination of that lower amount lien - and now what was senior becomes junior!