I've added these agents to my "buyer's list" so that when I find a property that is turn-key and cannot be purchased at a discount I still have an opportunity to make money through a referral fee.

The first group is not going to let you buy at a discount, and the second group will have to do short sale.

I'd just talk to her openly and figure out why she is willing to take a discount and if there is any other structure you can offer that would make both parties comfortable to walk forward.

Normally it works by taking retirement and investment accounts, discounting them by 30% to 40% and then dividing by the amortization of the program.

They also absorb many expenses that the tenants could take on, such as a few utilities, background checks for applications (they pay a lot for this a year), and damage out of deposits at year end.NOI under new management could near 70k with savings for 7% vacancies, 7% repairs, and 4% CapEx (due to many apts in just 2 buildings).I'm interested in trying to figure out how to schedule a payback period in excel, if anyone has number crunching experience with that for 1) the loan, and 2) the investors downpayment.I'm a newbie here so pardon me if I'm stating the obvious, but if this property isn't cash flowing, you should be able to buy it for a deep discount. 

In our case, I also have a contractor's license so I did the rehab at "Dad's Discount Price" and she ended up with $100k equity when it was all said and done.  

You are better off being in the market (investing in stocks, Real Estate..etc) as long as you are buying the asset at a discount than to wait out thinking a correction will come and it doesnt for a while. 

Not so much for appreciation, but cash flow is tremendously great if you buy right.

, marketing, prospecting,estimating discounted home values as is, repair values, setting up a realistic budget and time, what's a home worth after repairs, timeframe of what to expect, etc, etc..In addition, Wholesaling is beginning to get more and more looked at as brokering without a license in many states which is illegal so that's another thing to look at.Without going on and on,Perhaps consider Purchasing a duplex, triplex or small unit and househack.  

This is going to vary tremendously from location to location and as @Christopher Phillips said, the best you're likely to get is the initial balance, after which you can do some math.