I don't want to be a naysayer, I instead view it as a way to encourage you to go after what it is you were passionate about enough to investigate investing in real estate in the first place!

I know there are different philosophies on this, but I think Steven J. has an excellent point.

Sounds encouraging.

@Jay HinrichsIts a different world Jay.For some investors its hard to swallow so I encourage that it might not be the right investment for them.It sure is.

@Steve Endress Thanks for the encouragement of knowing that this strategy can pay off.

Now, if the listing agent thinks your offer is better for the seller (I can imagine a few situations where it wouldn't be), the agent could inform the bank that there is an offer that would satisfy the full lien, and "encourage" the bank to decline the current contract.

You certainly put some encouragement into those on BP, myself included, who have not made a move due to trying to stick to the 50% rule as a first time starter.

I would encourage you to invest in out-of-state investments, such as Indianapolis.I'm working with a TK provider right now.

I would encourage you to use any of the loans available to military to purchase a small multifamily building.

Thank you all sooooo much for the encouragement.