I am inspired by Ron Legrand's methods on seller financing.

Anyone use other methods? 

If you wish to start investing in real estate you can do so by utilizing SDIRA as it has been suggested earlier or look for another creative methods to invest in your own name with limited resources or just save up. 

What are THE MOST EFFECTIVE no/low cost ways and methods of locating motivated sellers.

While the MLS is usually the most competitive places to find properties, many of the other methods are detailed in the BP podcasts and thoroughly discussed in the forums and blogs available to you right here on BP. 

Wondering if you have a method you recommend.  

Hi All,just got put onto this site by an investing colleague of mine - what a phenomenal resource.I am looking at a 4-plex, it'll be my second rental purchase, already have one established, albeit SFR.When I look at comps the nearest 4 plex units are all 2 bed 1 bath, and one sold as recently as Dec 2014, so is a good guide for me.What is a good strategy to estimate value in the 4 plex of interest to me which is 3/2 as it's the only 3/2 layout compared to the other 2/1's.I have averaged number of rooms and applied this to larger 4 plex, eg sold for value divided by 8 (2bedx4 units), divided by 12 (2 bed, 1 bathx4) , then multiplied this by 12 (3bedx4) and 20(3bed, 2 bathx4) and I have also used square footage ratio's to gain a value on the larger property.Are any of these methods feasible and if there's a better method, I'd love to hear it.For the record, these comparative units are all in the same subdivision, are architecturally similar, so direct comparisons in this case are pretty close.Thanks in advance,Michael.

By your method, I'm almost doubling my cash flow.

I've tried to find a step by step method and also wanted to start off doing it the right way so I can build a solid foundation but it seems there is just no real way to get started.

Also it would seem that there are two types of values a property could have: 1) The average retail amount 98% of homebuyers would pay for the property using conventional financing methods and 2) The amount an investor would pay for a property using all cash or equivalent means.