Note: My company will accept personal or business check/with ID.Know where your funding is coming from (a credit line, pre-loan commitment, seller financing, uncle Bill or Mom or your shoe box under the bed).Understand bidding position (where to stand).Your options with real estate (flip it, assign your contract for a fee, renovate and sell for taxable income, offer it on a Tax Deferred 1031 Exchange for equal or greater value, keep it for a cash flow income)?

We're I in your shoes, my inclination would be to ask them for an offer with an Earnest Money Deposit due within 48 hours of acceptance of their offer in the amount of $5000.  

HI @Rose StuartI state that I'm looking for 3x the monthly rent then state the actual amount.When I get a call, this is the first question I ask.

Welcome to BP, @Rose Stuart!

I look forward to learning from other's in my shoes, as well as, sharing ideas and strategies.

@Rose Davis, without worrying about the answer to that question, ask yourself instead: what is the property worth to YOU?

Only you can decide what works for your goals and only local market knowledge can enlighten you as to the strategy's viability.If I was in your shoes (which I'm not, so ignore the foregoing) I'd take out a HELOC and do some flips.

A rose by any other name would smell as sweetI don't think the name is important.

Vs term for a similar death benefit might pay $350.Do not get me wrong, I am hear to see good information presented, and I absolutely feel Thomas paints a rose colored picture, but he is not a liar.

Some people are effective hunters using sicial media but the best hunters find their targets using shoe leather.