I buy tons of deals from banks (almost exclusively) and in my area not a single one of those offers would fly, and I'm not in a hot area by far.

I always see people mention when putting under contract to assign how do you not put any deposit down, I would think most people would naturally want a deposit, and it would be hard to convince them otherwise.Also, what have you done when you can't find an end buyer and there is no deposit.My purchase sales agreement states this: Default & Timing: If Buyer fails to perform, Seller’s exclusive remedy is to retain the earnest money as full liquidated damages.

Our office does not use buyer agreements either, so we are exposed to that risk of spending a lot of time with a client that turns out to lead nowhere, since the client may choose to purchase with someone elseThey way our office tries to deal with this is by getting exclusive listings, so the buyer would HAVE to buy through us if he really wanted the property and we have agreements with the seller that even if the seller deals directly with the buyer we STILL get paid a fee as the exclusive listing agent.

NO ONE can or will stay in business - if they can't.My problem is the exclusive and paramount attitude inherent in such a stance.By stating Jason - that the "only reason to be in business is to make a profit," impresses me as both exclusive and selfish!

There are often a list of exclusions.

Is it exclusive to wholesaling?

Many people are doing more and more business exclusively by email these days, so this form of networking is becoming more accepted all the time.Of course there will always be the old fashioned method of networking, meeting people face-to-face.

Are you living in one of the units or is it exclusively a rental building?

Sometimes investors keep these close to the vest because they want their contractor or handyman exclusively available for them when needed.

An e-mail from a close associate from Keller Williams that works almost exclusively with investors here in CA.There is a great FHA loan program allows remodeling or repair cost to be financed with the purchase.Just 3 % down 1-4 units (at least one needs to be owner-occupied) Loan amounts up to 110% of current appraised value.