I was thinking she is going to need a short sale.I would offer to buy around $327K (cash).Now, she is wants $40k to take the house off her hands, that she will seller finance, and she will also pay the 1st years mortgage.What do you think a good offer would consist of, if one even exist?

This action consisted of searching out a mentor who is helping me tremendously right now (advertising, networking, and crunching numbers.)

however, even with not having a real estate license, if you were to do these types of transactions on a consistent basis(consistent being very loosely defined in Florida Statutes), in florida, it could be construed that you are receiving commissions in a real estate transaction without having a real estate license, and therefore penalized with damages by the involved parties and the state of Florida itself.

I just tried to force the numbers on a rehab that sat for 3 months longer than i thought it would, then it appraised like 5k short, so i might have broke even, but long story shot, i forced the numbers and it basically just wasted alot of my time

James C. has many a time shot me an e-mail to check out a post.Have a great weekend!

Demand shot up, supply stayed fairly stable, so prices shot up, too.

You have a good idea but look at what you set yourself up to fall victum to.You are wide open for agents and investors to flood you web-site and phone.Craigslist is good if you want to post a specific deal but to just put an open ended statement out there is a garunteed nightmare.You will be spending more of your time swatting away flys than working on deals.Why dont you try establishing your deals using signage and simple fllyers in your own town because there is a "Big market" right there in your city and all you have to do is tap into it.You are "Shot gunning" instead of using a more focused approach.How can you be successful nationwide if you have not made a name for yourself at home first.GET THAT MONEY MAN!

I take a shot at those numbers first.

Now here's a long shot -I know you don't want to hire them to do the work but maybe after you see their numbers you might find something to work with.

I like his company name and head shot.