I'm not saying submitting your offer in a letter of intent or anything other method won't be valid, but you're doing the same thing you would be in a purchase agreement, only with everything clearly stated.If you're concerned about the sellers agent representing you well, find another Ohio realtor and ask them to represent you in the transaction who write the contract for you.

Take it one step at a time.

Any other insights on this bargain-hunting method?

If they counter, you can get your earnest money back and walk away, if you wish.The first step is to get a purchase contract in place.

I see that i was on the right track but i wasnt sure if i could do that, ive been studying all the methods and how to go about doing things. thank you thank you thank you.

GetSmart - The 203K or Home Equity loan are two that I am currently looking into.....thanks.If you know of other "Creative" financing methods, please feel free to share.

Figuring that out is probably a good first step for you at this point.Once you've got that down, we can help you move through all of the next steps.

I also ordered the Rich Dad's Roads to Riches: 6 Steps to Becoming a Successful Real Estate Investor audio program and listened to it several times.Now I am seeking to further my education by asking questions and reading through all the information on these forums.When I'm not attempting to learn about REI, I love backpacking, hiking and camping.

What method(s) have you found to most accurately calculate what a tenant will pay to rent a house?

So far we have been reading books and making the preliminary steps to creating a social network by finding out who we know are real estate agents, contractors, sub-contractors, bankers, etc..