I know it goes against the typical grain of investing, but I think it's worthwhile.

The way that assignments are typically handled is that you are going to fill in the original P/A as you normally would except for the spot where you sign your name will say "your name and/or assignees"Also be sure that you have an escaped clause built somewhere into the contract in case your buyers happen to fall through.Once you have the home under contract with an assignment an assignment clause then you can use an assignment for to assign your interest in the contract to your buyer.Once you have assigned the contact you are no longer obligated to follow through on the contract.

Being a typical buy and hold landlords, I tent to focus heavily on cash flow from properties.

And typically, for the houses in the recent market, few of the members have come close to what they want or need, and did not sell.The bids in this method are NOT sealed.

Typically what kind of terms do the owners expect if they were to lend you a % of the building?

You're paying an extra $1000/month over what it would cost you to just rent a place.Now, lets put 10% down, plus closing costs (about 2%) and loan origination fee (1% typically, though could be more for a loan like this.)Total cash invested: $103,200Cash flow: -$2270/monthCash flow: -$27,200/yearSo, you're investing $103,200 and losing $27,200 a year.

Dept store cards typically have the highest rates, worst fees, worst penalties and if you can only use them at dept stores they tend to create situations where people buy items (clothes, shoes, electronics) that they cannot afford.

I will look at the link that Susan posted but when you use Private Lending of any sort what is the typical % rate?

I have been looking at banks only, as they typically give you great rates...but having read the posts on here...it seems like I am completely missing the boat here.Many, many thanks!

On the other end of the spectrum, when rehab projects are not under the gun, my typical day is I wake up promptly at the crack of noon.