We celebrated the night that happened and, the next morning, I got a call from my private lender saying the deal was just officially declined by The Bank!

This may be a controversial strategy because it could potentially but real estate agents in an ethically questionable situation. 

You have a great point and although I don't agree with everything you say I appreciate controversial posts like this, because it helps me to see other peoples ideas and ways of doing things.

@Vanessa Deluca, they may be undecided on what entity they will take title - LLC, personal name, etc.They also may be doing a 1031 exchange which involved assigning the purchase rights to their QI.They may want the actual purchasing entity to remain anonymous for a while - think celebrities etc.They might be trying to simply get it under contract and then find a different end buyer.When the clause doesn't remove their liability to perform it eliminates most of the unscrupulous type wholesalers and is probably nothing nefarious..

I know, who cares about celebrities.

Last Night I attended my first local REI meeting and Paul Esajian was the speaker.He is one of the guys on “ Flip this house†( the New Haven team ) I stopped watching The show a few years back , It was so fake and set up , maybe its changed ill have to watch a few and see for myself, hears a link to some of the Controversy behind this program http://en.wikipedia.org/wiki/Flip_This_House_(TV_series)For the most part it was interesting, learned a thing or two, the ONE thing I really was interested in was in his rehab break down in cost , ( like mentioned above ) That really looked good and I would love to have that, for the price ,$1200 im still considering it.He also had an option on the 4 day workshop along with 2 of the courses for I think it was $2600 ?

Happy Birthday buddy... doing anything awesome to celebrate this amazing milestone that somehow you have survived yet another year?

Then, your monthly cash flow isCash flow = rent - all expenses - P&I paymentExpenses is a subject of much controversy.

Thanx Steve,Gonna hafta celebrate!

you literally have a split second to get their attention or your postcard is going straight into the trash.By being provocative or controversial you can dramatically improve the chances that your postcard will get looked at.