Does freddie mac or fannie mae or anyother similar properties have to be bought in cash in full, or is there other ways to close a deal?

It is even less likely that they will offer similar rates and terms.

If you are buying FSBO then you can explain how they are saving money, etc so the net number they would have received if listed is similar to the number you are offering.

If they agree something with someone else then I get to match the discount and pick up the equity.Buying notes at a discount is similar to finding deals like Mike describes.

Generally someone who is paying cash, had hard money lined up or similar.

I'm hoping the next deal will afford me either less rehab work/similar profit or larger profit considering I spent a couple months rehabbing the house....brand new everything.

Liberal areas along I-5 (major cities mostly) and then conservative farming areas further east (cattle and wheat ranchers).For your wife check out Bend and similar.

The pool of potential buyers is small relative to the sweet spot in the market (bread and butter homes that the average worker in the area can afford).Similar to buying property at the top end of the market.

(I have also posted this to another, similar forum -- I hope that doesn't violate the rules here.)

If you need a receipt the book lists a pretty good one.Funny enough the calculations used to identify good deals are similar or the same as what Mike advocates.