Hey BP fam! I’m relatively new to wholesaling, and I’ve been diving into the process—cold calling, direct mail, and driving for dollars. I’m lucky to have a fantastic mentor who’s been guiding me with advice and tips....

Short-term sale leaseback deals are a great value-add opportunity, we do lots of them.

Additionally, you have many borrowers that do not qualify for your traditional A-paper mortgage from a bank and that will definitely not help, as they won't even have the opportunity to buy.

While all the posts have at lease some legitimate points, I personally believe camp 1 is missing the opportunities present to protect assets under US law mostly because they don’t either understand asset protection, or don’t want to bother with it, so rather than do a proper evaluation they dismiss it as something that won’t work to justify their unwillingness to entertain the idea.Camp 2 is deluding themselves - which delusion has been enhanced by charlatans writing books, giving seminars, and selling packaged plans all of which either attempt to hide your assets or hide the ownership of your assets.  

I've had the opportunity to see what the Attorney's version of the NoD looks like so if there was a situation where the borrower just needed their feet held to the fire and I didn't anticipate a need to go down the Foreclosure path, I feel comfortable sending an NoD letter myself, certified mail with noted stipulations to cure and outcome if not cured. 

Personally I try to reserve my HELOC for emergency or unexpected costs during a project, so if you can try not to use all of it for the initial purchase and planned rehab.

This is your best opportunity for a successful reconsideration of value.• Clerical Errors: Are the square footages, bedrooms, bathrooms, and lot sizes accurately reflected?

So yes sex offenders should have every right to have equal opportunity to live there just like the next person.. 

When I got given this opportunity and talked to the seller he really just wanted to help me out and get me started.

@Justin Cummings With your BRRRR portfolio at 15% LTV, significant equity offers several opportunities for optimization.