PD never understood that way of thinking either and would have definitely hated the book.Personally it put into words what I never could, great book.

After reading my contract, the potential seller understood that I was basically 'tying up' the property for the term agreed upon.

I made it very clear that I'm a wholesaler and he understood the process , so he accepted my offer but now he's telling me I need to show proof of funds in order to put the property under contact.

I made it very clear that I'm a wholesaler and he understood the process , so he accepted my offer but now he's telling me I need to show proof of funds in order to put the property under contact.

Steve,I just wanted to make sure I understood your numbers.

In general, I have never really understood why the 85 corridor is not more in demand, but the money definitely flows to the 77 side, partly because of the lake.  

After explaining it to him (as I understood it) he asked me what the difference was between a wholesaler and a Realtor.

As far as I understood it, if a property is in redemption, then the homeowner can buy it back from you at the cost paid plus taxes and interest. 

Hire an architect to do a feasibility study or at least check your assumptions before you commit to buying the property.The way I understood the podcast guest they weren't rezoning just identifying properties that were zoned already for multi units.

I have just finished reading "The book on rental property investing" by Brandon and understood that REI could be a relatively less risk investment option for me.