Find a good deal, pay his rate (3 points and 12 percent interest), and he will help me close on the property within a week or so.

Main Podcasts of choice:Bigger PocketsThe Lifetime Cash Flow Through Real Estate InvestingThe Dave Ramsey ShowWe study Billionaires - The Investors Podcast. 

I am not sure he is looking for additional funding, but he pays I think 12 to 14 percent.

Depending on that, your expected response rate may only be in the tenths of a percent, meaning you need to send thousands just to get one response.Unless you are accustomed to dealing with large sums, I'm sure you'd find losing $10K on a direct mail campaign quite unpalatable. 

There are a couple of sites I found useful for my deals, here are the siteslimaonecapital.comassetavenue.comThey have simple online applications, and you can get funding for 75 or 80 percent of the purchase, and 100 percent of the rehab......

Interesting story today in BusinessDen about how less than 3 percent of Denver's Airbnb hosts have applied for a license with only eight weeks until the law goes into effect.

That, I'm fairly confident, won't happen in my lifetime.  

I have heard previously that the active member can take it and the passive members can't or that it can be divided up differently than the ownership percent, things like that. 

He obviously expects a good return, but I feel this is an opportunity of a lifetime that I never expected.

Make your offer according to what makes sense to you, offer an honest earnest money deposit, and also state that you want owner financing at x percent for x years.