The Ultimate Strategy business model is undoubtedly the best investing model in this slow real estate market due to the record number of foreclosures, rising unemployment, tightening of bank underwriting, reduced number of buyers who can borrow conventionally, and an increased number of sellers. Using the Ultimate Strategy, I found a free and clear 3/2 single-family residence with an after repaired value of $210,000. Repairs were $20,000. Seller accepted $142,000 with a $1,000 principal-only payment with a balloon in 5 years. I borrowed $25,000 at 6.5% interest from a private lender (interest paid annually) and sold the property on a Lease Option to a Tenant Buyer with a monthly rent of $1,500 per month.