Hey partner, I need $20,000 to finish the deal, if you put in $20K I will give you 10% return on your money so you get back 22,000 once I close *just an example but have whatever you do in writing.

We would use hard money and close very quickly.

Do you get 100% ownership if you you are the highest bidder at the foreclosure sale?

@Joe HomsIt’s not for sale.

Reading about real estate is great but you will learn 10x what you can in any book by actually closing on your first investment. 

And all the tools that are out there.Ive got close to 100k cash that I can use towards a down payment on a 1br,1b condo(which seems reasonable and easier to rent near me).

If you want to buy close to Atlanta - you're best chance for yield is likely going to be townhomes that are currently owned by investors that are rented to voucher backed tenants.

The rate buydown is simply a part of your closing costs, so if you work a 2% seller concession into your contract and want to consider that the 'seller-paid buydown' then that's up to you.o Rate floor: You are going to eventually hit a rate floor with any loan program, or a point where you cannot buy the rate down any further.

I closed one Monday @8% with no buy downs. 

Shasta is not close to a major airport making any travel more cumbersome.