You will have to forgive my ignorance, but I have never been party to a transaction where such a fee existed.

Thus, I can not see how a home which was worth $94,000 could decline 32.5% in 4 years.It sounds to me like you're wanting to find a certain price (ignoring the houses that are actually selling in your area).I would also like to include that to get my 8 non-foreclosure comps, the radius was expanded from .5 miles to 1.25 miles and required going back 4 months of recent sales instead of 2You see, by changing the criteria, you're actually changing the reality of the situation.

It's a HORRIBLE RENTAL, but would be ok for a quick flip to an ignorant newbie landlord, if you can find one.

The problem is, aside from knowing that a lot of money can be earned if done properly, I pretty much am ignorant in this field.

===============I think there are a few issues for the Tenant Buyer that need to be not negotiated but BE CLEARLY THOUGHT ABOUT AND DISCUSSED with a win-win.Equitable Interest is discussed when a Tenant Buyer is nervous or suspicious of the Lessor - Optionor.Lawyers use the term to create a lawsuit Against the Optionor-Lessor.Judges in Landlord-Tenant disputes use Equitable Interest as reason to have a poor, ignorant Tenant Buyer being conned by Greedy Seller-Investor.IRS have called SOME Lease Options as DEEMED A COMPLETED PURCHASE AND SALE OR A DISGUISED INSTALLMENT SALE.Gee, what a hassle for the Real Estate Investor!

Looks like Caitlyn has shot down ever single attempted explanation of how to buy, fix, and re-sell a property within 90 days.I posted this topic in hopes to find an answer, and it appears that we are left with NONE so far.I certainly hope we can make some progress here, as we ALL are in need of lenders willing to ignore (for lack of a better word) a seasoning issue.

I did not imply that anyone on BP has ever stated that you could not make $ in the areas you listed, that would be ignorant.

I often tell my family members about big deals I come across, and they say those ignorant comments like.." you can't afford that" lol If they only tried to understand the value of a good deal, and leverage..

I'm starting to hear a lot of rumblings from our local real estate commission (Colorado) about double closes.I'm not talking about the usual ignorant speak that double closings are "illegal' but rather a determined movement to stop them.

I kind of enjoyed my ignorant bliss :) I appreciate those who have jumped in on the topic, instead of letting me hang out there like some sort of conspiracy theory guy.