Most FSBO sellers see the list price as the "true sales price", versus realizing that most of the time it is the price agreed that paid for all fees, NOT the value of the home.

A 30 still as a 70% balance when a 15 is DONE. 3 months of vacancy and a 30% decrease in rent rate is the problem, not the 15yr mortgage.  15 years amortization table is awesome if one understands to read the price chart ...but what folks doesn't realize, you could do the same to 30y frm by adding more principal.remember how FRM amortization table is calculated, there's time component on top of those,so paid more principal early equal to more equity at the endthis is the easiest way to make money in long term without buying any guru class lol

I realize the market is not in the best position right now but I figured if I am going to buy a property I might as well start now that I have some cash saved and low to zero debt.Look forward to any advice and help, thank you!

So first, yes, the current value of the home is about $380k (up from $275k).I'm also realize that I should have included the loan details.

In these times of high interest rates even MLS listed properties are realizing they sometimes have to offer incentives to get people to buy.I'd suggest you also connect with a community who does these deals all the time.

After a year of realizing that's literally every investor's dream property, I went for single family, detached and totally concur with  your plan - 1/year for 5-7 years.

I was a part time agent, realized there are too many people who do this full time for me to be successful in the field.

When you start to realize all of the upside of investing in real estate, it's natural to want to share that with people you love so that you can see them prosper.But as others have said, he's just not on the same page as you.

I didn't realize this was the case, thanks for the tip!

I realize I can give her a 3 day notice to quit for the rv, and for the pets on Monday.