Just a few numbers to point out how you've got to be careful about playing the more-money-down game.

In Ohio if someone knows how to play the game they can stay in a home for over a year without a payment to the lender.

wow am i ever glad i found this forum before i bought my first rental i guess i have to play with these formulas more to get comfortable with analysing deals thx to all who posted and keep the advice coming!!

So, the whole redeption period topic doesn't come into play.

(Yes, I realize you didn't ask us to analyze the property per se, but you asked for a reasonable offer price, which is absolutely tied to what will make the property a good deal, which of course requires analysis.)Bottom line, if you are absolutely convinced that it is a good deal at 1.4M, then take it at 1.4M.Originally posted by "littleivy":I have lived here a long time and have seen my home increase in value from 275K to 1M in the 13 years since we bought it....and our first home, which we kept as a rental, has increased from the 195K that we bought it to being worth about 850K+.I also won the lottery the last time I played, so I figure I'll be a shoe-in for the next time I buy a ticket.Have you seen this graph?

When borrowing from a private lender you are buying for a fixed price a partner who has clearly agreed the role they will play with no strings.6.

and massive (time-is-of-the-essence) action plays a critical role in staying ahead of "competition". good luck and hope you have continued success.

Yet somehow, baseball players, teams, and the sport as a whole keep moving along and doing well.

Or does this not come into play?

I hope you come back and play by the rules from here on.Thank you,