Am I dreaming if I think it didn't sell at auction for $140 so they would accept lower when it's listed?

Am I going about it the wrong way?

Am I overlooking something here?

Im buying a 4 unit building.price is 150K.rents are 25,200/yrtaxes are 6,000/yrwater/insurance 2,300/yrIm paying cash and doing a cashout rifi at 4.75 amort. 25 yearsSince my out of pocket is basically 0, am I in better shape than a conv. loan and putting down 25%?

Am I on the right track or do I have this all wrong?

Tanya: how am I making 54 points when transferring GBP to USD?

@Amy EdisonBP is full of useful resources such as forums and blogs.

What the heck am I missing???  

When it comes to Homeowner's Insurance on Wraps, am I as the seller, responsible for setting this up for the buyer prior to closing?

Don't work backwards ( i have 20k what should i do) work forwards - have a goal, how am I going  to start to achieve that goal with 20k.Good Luck!