Leave money on the table.

So to ease of example if purchase price was 200k he would give me 20k and I would come to table with 30k giving bank the full 25% dp.

I feel much more comfortable plopping my money down on a roulette table, at least you know the odds and potential outcomes.Until the market goes back to the good ol' days where stock prices were based on the underlying fundamentals of the particular company, it seems like a waste of time and capital to me.Why not put your money into something that you can influence the performance of?

A long time ago, in a smoked filled card room off a dark alley on a back street in Vegas, a wise man said to me, "If you've been playing poker for half an hour and you still don't know who the patsy is at the table, you should stop gambling and go look in the mirror."

I guess I could have an owner finance Yes,No,Possible boxes and select one.I can see more with duplex's,tri's,and quads doing more owner finance etc.In the bigger complexes you have professional buyers that can bring a bunch of cash to the table and give guarantees etc.I guess the short answer is I have to vet the buyer before bringing a scenario like that in front of a seller.If I don't the seller will look at you like you wasted their time and you have just lost all credibility.I do agree that numbers put out there are rosy sometimes but that is the sellers doing.They often massage the numbers some without the broker knowing hoping to get a newbie or less experienced who will pay top dollar and cash them out.You know sometimes that does happen so the seller wants to take the chance.They can always go down in price later on.

So in other words, if the house would rent for $1000 per month, then the buyer's monthly payment is $1000 per month PITI.Negotiate from your side of the table, not theirs.

Unfortunately, some lenders are in the business to take app fees, so be careful of that.Typically, points and closing costs are paid at the settlement table and I'm not a fan of back-end points or prepayment penalties.

Forgot to mention after the tenants have been there awhile and become attached to the place from you being a good landlord you can raise the rents closer to market but not at the top.It will cost them so much to move and first and last month down along with security deposit.So they will weigh this versus paying another 50 or 60 bucks a month in a years time.Most tenants will opt to stay as they do not have THOUSANDS of extra cash today to move to save 50 a month.They do however usually have the ability to cover an extra 50 a month rather than move.It just depends on who your tenant base will be.If the tenants are lower income expect more moving and higher amounts of trash each week from hand me downs.They constantly get hand me downs and they only last for a short time so you get a bunch of old TV's,couches,beds,tables,etc. that need to be thrown in the trash.They are not supposed to but they will be dumped at your big trash bin or if you have small ones will be left on the road.You have to make sure you can get bulk pick up for your area.Could go on forever.For your first one you might want to buy one semi-performing before taking this on.The downside there is it will take awhile before you can get bad tenants out before performing the rehab but the upside is usually rehab costs are less than a totally vacant building.Good Luck

They said they would send us some properties to market for them and we can add on our fee for bringing our buyers to the table.

This thread is here, hopefully, to find ideas how an agent could bring more value to the table.