I price low, to attract multiple bidders and if the highest price has no earnest money, I'll probably sell to the next person.The earnest money serves a practical purpose of compensating the seller for lost time and marketing ability if the buyer bails out because the buyer found a more attractive property.

I'm going to use this to take advantage and save up some money which I will probably use to pay down the current balance to be able to re-finance if thats still an attractive option at the time.

Seeing as we are looking at filling so many lots that is most attractive to us.

There are many other facets to it.I got into it because it was a passion of mine to do so and I finally found a way to pull the trigger.Flexability, freedom, no limit to how much you can make, no boss telling you what to do, active+passive options, and so much more is what attracts me and lots of others to this.In fact, if you like at many financial studies, the largest portion of the rich got there through RE investments, more so than inheritance, stocks, hard work, high paying jobs, etc.

If they require it to be listed, doesn't mean it has to be placed on MLS unless they require which therefore provides you with "non-mls" listed property and more attractive if you plan on flipping it. :)

I wouldn't do it at $200 per suite, though you would have a very attractive price point.

You're an attractive young lady - I bet they'd even let you tag along w/ them & get mentored.

Our Buyer: Purpose: Buyer needs new place of business-successful growing home improv. business who is a subcontractor of mine - very attracted to owner financing and wil complete rehab at own expense.Willing to Pay: 125k purchase pricew/ Down Payment of 40k (20k to seller and 20k to us)Terms: TBD but would likely accept terms of: approx. $2,000/month pay. 5-10 yr. term @ 8-10%possible balloon payment in play as well We dont want potential legal ramifications from a deal structured this way.

@Linda LinI agree, the numbers are attractive, the distance is the issue.

But be sure to get a sense of its attractiveness compared to other markets.Good luck!