It seems that both you and the owners of the site/program are both from Colorado . . . 1 in 50 chance that a random person in Colorado would just show up on the site to ask questions about this company, when it has never been mentioned here before.Are you planning on participating here on BiggerPockets, or are you just interested in getting the word out about the company?

If I was just faxing them random offers, I would not have had a chance.

Mortgage Brokers, Banks, Loan Officers etc... pride themselves in presenting these products as “Second Chance Financing”.

I don't have the final ok yet, but it's looking very good so far.There is a good chance that I'm able to unlock $200k.

So if you go even 5% under then you stand a chance of losing the building.

But if you need a new second chances are you will no longer need 20%.

Assuming all possibilities are equally likely (again, the real number is just as likely to be 47.34534% as 49.234234%), then there is a near certain chance that the actual number is below 50% (it could be 49.9999999%, but near certain it is below 50% just because there is a 1 in an infinite chance that it's exactly 50%).

The longer the house sits there empty, the more chances of something happening to it.

Depending on how much houses go for in your area there is a chance you could get started on that amount.

But if you're trying to put down $50k to buy a 1m building, and you have to get a first and a seller second then there's absolutely very little chance of you getting any discount.