I own an electrical contracting company and want to do that and real estate but not have to worry about when my next payday will be. 

In the beginning unless you are a superstore the paydays are far and few in between but as you learn more you will make more and more.

The payday is worth my time and effort.I will work on smaller deals but buyers have to be ready and not waste my time.

To work this deal, remember who has the power:BK judge - no transfer can occur, either voluntarily or via foreclosure with a bk stay in placeBK Trustee - expects to be paid and will make a court motion to have BK dismissed if they see no payday for them in the horizonProperty owner - can make a voluntary "request for BK dismissal" if they are ready to move forward and obtain an Order for Voluntary Dismissal from bK judgeLender/Servicers/Asset mgr will probably go forward absent so other information which would cause them to rethink or re-price their short pay.

We all have slow days around the phone and that is when follow up calls lead to pay days.

A contractor who is still owed $15k of a $22k job while having 95% of it completed will not be happy when you keep making small changes and delaying his payday, nor will a customer who has paid $15k of a $22k job with only 25% completed sleep well at night. 3) Look for guys that actually have registered LLCs (or businesses) with the state (aka paying taxes), have an actual insurance binder, and have licenses (if needed).

Would I be better getting payday loan to cover my purchase?

@David P.We have had a couple of tenants who were on a monthly rental period, but who would deposit a portion of their rent bi-weekly (on each payday) as they did not trust themselves to hold it until the first of the month (ok ... one did not trust her husband).  

It's so amazing to me that those with the belief in the big payday are so smitten as to ignore all the naysayers who have posted that it would be best to avoid involvement in this ...

You may have a pretty nice pay day at the end of the term. 4.