They both look and sound good in theory, it’s just getting them executed at the right pace.

hey corey  congrats on gettting in on the rei fun its great that your learning But don't get stuck on analysis's paralysis because the one thing ive learned so far is That even if your 20 to 30  years in your still going to be learning, as well a lot of people get stuck in just learning but never execute Whatever you do the best advice I can give you is don't follow down that path Get out there analyze deals And make offers on the good deals what ever you do if your looking to buy and hold or you planing on wholesale and flips just make sure you not only learn but also exicute too good luck brother !!!

I've filed an abstract for both of them.The first one I can probably collect through a writ of execution, but at 150 for the constable, I wonder if it's worth it since I can't tack on the 150 for the constable.The 2nd they're not employed and don't have enough assets to collect.

I am quite excited and motivated to get to my first few wholesale deals out of the way in order provide enough capital to move into a more burr focused model which may include rental units before executing on that final "r". 

It's okay to be vulnerable about areas where you aren't an expert - good brokers will want to help you succeed and you're open-ness will be a breath of fresh air. 

I'd ideally like to identify some prospects for the space prior to executing the deal. 

This seems like a transaction I hear about being executed on BP all of the time, but I haven't found a simple explanation or template for how to formally execute the process.

You can only file the lien if you have an executed mortgage from the owner.

If you can come to terms with a Seller, you definitely want to engage either a title company and/or a real estate lawyer to ensure the transaction is executed correctly, the deed, deed of trust and promissory note are all drawn up correctly and filed so that both parties are protected

Considerations: From contract law perspective, House 1 has a severe misunderstanding or deceit involved (“Rent Ready” is not the fact at all), the purchase agreement shouldn’t be valid from the beginning; House 2 wasn’t properly executed, we should have the right to cancel the whole agreement.