I too have found, like Robert Kiyosaki, that the inexperienced, uninformed, and "poor" investors are the ones who are always frightened, stalling, and fumbling for excuses to postpone.

Can't beat that dead horse anymore!  

thanks. larry t. i checked with my attorney this last monday. he said i certainly could cancel the contract if i wanted to, but he seemed " pissed" that i would even mention it. within the contract it states that the buyer must bring to my attention any changes in his financing and such. he has never done this, i had to hear of it thru a friend of mine who is kind of wrapped up in this thru my agent. he is a broker and works with my agent. i have never heard anything from their attorney and my attorney never speaks to me unless i call him. i don;t mind selling the place to this guy, i just think he is stalling for some reason. i had other people who were interested in the place before this guy made an offer. i could sell it again in a heartbeat if i relisted it. i just want this thing closed on so i can move on

If your not already making six figures in the business or you haven't done a deal at all then my bet's on one of these horses being the culprit...

The property has 90 acres, house, horse track, indoor riding arena, 70+ horse stalls, 2 apartments, and more.

Do you go to a horse race and bet on the horse that was shot the night before?

Sounds like you're putting the cart before the horse...The bigger question here is, how is the LLC going to start generating income, assets, etc?

$200K (your agreed upon note price) goes to the lender, $25K goes to the borrower, and you get the property.Also realize there are ways to stall a foreclosure, and they take a long time under the best of circumstances.

Hello Bp
I am a investor in Northwest Oh. I have done a few contract assignments and I am trying to build my buyer's list. I make post to my Facebook real estate groups, I post on Craigslist and backpages and linkedin...

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