Rob didn't boast, but I have an e-mail from him saying he made 23% on his money----in much less than a year.

I'm not saying the terms are incorrect, but these are concepts and stratigies that are named to convey how properties are turned over, getting caught up in them as if they have some weight or rule or law is not correct, you don't need to go there.A double clsoing is simply when you and your buyer show up at closing when you buy it (or close to it) and the money used from your buyer is used for you to buy from your seller, this practice is now considered a fraudlent act since you're really not in title when you sell.

(hohuum, is not a complex with all kinds of amenities, swimming pool, tennis court, club house, weight room, etc. those are a different market)The duplex won't appreciate like a hosue in a good location, but it is more stable and if the cash flow is about the same, it's usually a better investment over time.

It has a smaller frame and is easier to conceal under light-weight clothing IMO.

I can e-mail you one of mine.

Other ideas:Originally posted by E J:So far I have: Equity > 35%, make cash offerHow about offering the seller terms for their equity?

Jon,Agreed as to the incentive weighted against risk.

:D Once i have an e-mailed or verbal (agreed upon) price from a seller can i immediatley begin soliciting for buyers?

Pick one that said they work with distressed property and call or e-mail them.

The main point moving forward is to always communicate through e-mail with your tenant or landlord, to show as a proof of receipt.