In fact, in my opinion, its the only way for us middle class people to do so.That or come up with the next Facebook. :-)

I'm in the middle of cleaning up a mess from a property I took over where the owner had done as the previous two posts and yourself.

Many buyers may be looking for a nice house in a nice neighborhood, and if yours is cheaper than the new one next to it, this may make your house more desirable to a middle of the road buyer.

Hi Heajin,The better class of area the lower the cap rate will be but higher potential for growth.Personally I like to stick somewhere in the middle but will patiently wait for the right deal to come along before I buy it.I like to buy run down properties that need rehab.

Its got a layer of vinyl on the top, an underlayment on the bottom and whatever you want to call the glue and sawdust in the middle.

I'm trying to figure out how to position myself in the middle of the deal for the long run.

Dean Suzuki - you don't mention if the person who approached you is the end buyer or someone trying to put together and get a cut of the middle.

The Bigger Pocket's The Ultimate Beginner's Guide to Real Estate Investing is great and was one of the first things I read on the site.I'm also in the middle of the Nickerson's How I Turned $1,000 into Five Million in Real Estate in My Spare TimeNext on my list is definitely J Scott's The Book on Flipping Houses and The Book on Estimating Rehab CostsThe rest of the books on the list look great too and I'm excited to read them as well.

I'd let the seller offer to meet me in the middle, or not at all.

All of a sudden real estate prices in the middle stagnate and then fall.