I guess I was just eager to answer some of their questions without thinking about the purpose of this forum :)Peter

I have a silly question that I need answered..I am very new to REI and will be Bird dogging to get my feet wet.

But the numbers worked and the out of country investors were able to purchase and get financed.Any questions, just ask and I will answer.

I can tell by the answers that half of you have read Rich Dad Poor Dad. and for the other half including Tim i rcomend giving a read it touches nicely on exactly this.

Add those in with properly calculating the financials on an investment, including OE, cash flow, COC, ROI, and ROE are imperative.SO to answer your question, I use leverage any chance I can.

as you can see I have many questions and am having a hard time finding the answer on Google.

Do what many others before you have and use this fantastic group of people to help you overcome your fears and answer your questions.

Feel free to contact me if I can answer any questions.

To answer your question yes - I take alot of the legwork out for my customers and clients.

The following are possible answers with some possible conditions:1.Out of town owner – unfamiliar with current market conditions2.Incompetent to negotiate – power of attorney3.Passed away/executor of estate – quick sale, legal authority4.Real estate broker or organized selling entity – it may be overpriced.5.Bank officer or foreclosure agency personnel dept. – lower your offer6.Sophisticated lease optioning reseller/investor – big bad wolf!