You can have an answering machine that sends cash buyers to message a) then credit buyers to message b) and then maybe credit with fat down pmt buyers to message c) You pay a little bit for patlive to set up a secretary that filters your calls and pretty soon you have a prospecting machine to stop all this nonsense that you might go through on a Saturday when you would rather be at the park with your boy. patlive is just an example you could use any type of virtual live secretarial service to accomplish what im talking about.

And he is fat.

Hopefully, the creditor determines that there is nothing worth attaching to & they may go away for a much smaller amount.For us this strategy & the initial cost of said mortgages has been far less expensive than initiating & maintaining multiple LLC's.There are a lot of good arguments for making the LLC holding title to be other than a single member LLC & preferably held/managed by another LLC or trust that owns nothing that can in itself generate a litigious event.

What I mean by that is, we can, in an instant, stop spending money on most things (assuming you have not been financially reckless and racked up tons of debt).  

Because if you have gotten an investor mortgage today means you have impeccable credit.. you want to keep it that way.. so you want to have room to exit and keep your credit intact without having to write a big fat check. 

then you click on it and learn 'all you can' in five minutes.Take THAT information and consider WHO among these people you'd like to talk to.For example: You love the design concept so you learn about the architect(s) and the designer(s), the developer, the dreamer, the mastermind.... !!

So the balance is between the fact that you are taking all of the risk and the wholesaler can (in theory) go with another rehabber and cut you out completely.

Hi all,I'm new to BP but have been reading and listening to as much as I can in the last few months.

If you've got a fat enough down payment, HML is of course also an option. 

I use equity as closing costs, down payment, and cash out the rest in a fat check at closing.