If it is, and I still want the deal, regardless of all these issues, taking some risk if the deal will close, I will put the money to the wholesaler in escrow with a clause that says, if the deal does not close in 2 weeks, the funds will be returned to the buyer, just to be safe..

Investment Info:

Single-family residence buy & hold investment in South El Monte.

Purchase price: $680,000

Cash invested: $510,000

We funded this loan in 48 hours. 75% loan to cost.

Even facebook will have some.

Even legal action doesn't get anything out of him once he has your money.

But you will have to hold the property several years to get your money back, often with negative cash flow. 

I know that I stand to make more money per renovation by just paying for the work, but I'm attracted to the idea of partnering with him for a few reasons.

But now seems like she is still not going anyway even if the leaseback is over. 

I can always turn this into a LTR but with the current rates I would be losing money every month.

I mean, if I'm paying that much money, I'm hoping for deal on a house.

Its your money but I would drive the areas to get a feel for whats around what you are buying .