The "flipping" gurus of 3 years ago will suddenly become the "shortsale" gurus of today.

Over the years I've made some bad decisions and guess still making em, I.e. investing in stocks, over the board lifestyle, kids going to private schools, big house, expensive cars etc.I just turned 40 and all of sudden I realized that I don't have significant savings, what if something goes wrong and I cannot continue working or suffer a huge loss.I had to set a goal for myself and my goal is to earn atleast $25K/month passive Income in next 4-5 years.

If you can explain to your buyers why it is such a great deal then you can still wholesale off the MLS.Example:REO property is listed as under contract on the MLS, suddenly it comes back active again after 30 days or so and there has been a big price drop.

Your not sweating your butt off as much, space heater work great either off your electrical or your generator, and contractors suddenly have much more time for you.

This year, that's not terrible... if everything doubles in price next year, suddenly that $75,000 ain't so good.Maybe you could offer them a small equity stake to balance some of that risk?

Do you have any idea how many people there are out there, that have suddenly decided to become "investors"?

Think about that, then explain how all of a sudden, because you're just a really special person, why that option is all of a sudden worth a few thousand dollars more?

I would have brought it up right at the closing table.When you say you were budgeting your money accordingly, do you mean you realized you suddenly had an extra $10K and are spending that on your rehab?

A sudden, $1000 expense is, unfortunately, not uncommon with rentals.Ranae, I can tell you have enthusiasm for real estate, but what you really need is just a job.

He suddenly got religion when he was issued a Cease and Desist for Securities violations.