This price point is where the greatest demand is, hence the quick sales.Hope that helps.

Just a couple quick thoughts. 

Your lawyer can often guide you when reviewing loan docs.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Buying a house under market value is usually done because it has deferred maintenance or the seller needs quick cash.

Quick question on my first deal I'm trying to purchase and need some advice on what I should do moving forward.

I did realize pretty quickly that maxing out my credit cards was probably not the best way to manage my real estate investing, so I canceled the mentoring within a day and got a full refund.  

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcast If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Aloha everyone,I've been searching for MF properties in Las Vegas for a little while now and have noticed how quickly places are going under contract.

Josh,I wouldn’t say it is terribly difficult to find a good MFH in the DFW area depending on your contacts and your diligence to work hard and move quickly.