I’ve seen investors buy properties at 30, 40, 50% of the current appraised value.  This was once mind boggling to me.  Why would a seller give up so much of their equity?  

You never know what type of situation a seller can be experiencing at the time.  But as investors, we can become the solution, the breath of fresh air for the seller.  Of course a seller will try and get all that they can for a property, and they should.  But as investors, we are looking for the great deals, this is how we make our money Read the rest of this entry »