For fun I followed up on one in Bahrain  and the number actually worked and it was some middle east dude,  I wanted to see what kind of yarn he would spin. could tell by talking to him he was anything but a high rolling financier of with off shore investments. but I suspect with the way some wholesalers work you will run into this as well.. although doubt they will be selling homes and leaving that much meat on the bone !!

You can imagine my head was spinning when I heard how upside-down the seller is.

Don't spin your wheels trying to attract cash buyers.

They forget to take the info off of the internet so you spin your wheels trying to get in touch with them.

Trying to perform multiple strategies and multiple tasks could wind you up in a situation where you are just "spinning your wheels".Pick a focus and a strategy, then educate yourself on that specific strategy.

It was just one of the tools in the tool bag back a few decades ago.Since wholesaling became branded and accepted, many spins of the art took form, and fascinated me really.

And another very important factor determine how much money there is available so you don't spin you wheels.  

I instantly imagined myself controlling a horse on the carriage with 2 ropes.Rick seem to be connecting the dots from both perspectives of creditors and from perspective of investors who creditors typically deal with when it comes to investors paying off first position lien or second mortgage liens, and stating that there are multiple ways of transferring deal using 2 strategies ... either using strategy of finalizing transaction to go through the final stages of probate (during either of the 3 stages) or buying off the lien judgement, depending not the equity...The probate concept of pre, open and closed state all have conditions that can be favorable or non favorable in relationship to you closing on the deal and getting it under contract.To be honest I am also a bit new to probate concept and tax liens and judgements and subject to types of acquisitions.All of this real estate Mumbo jumbo makes my head to be honest spin sideways.However, the multi dimensional factors and art of the deal from the standpoint of multiple variables and it’s inner dependencies indeed makes real estate investing quiet interesting endeavor to follow.As you dive deeper and deeper into variety of strategies... you gain compounded knowledge that in reality most certainly can be amazingly beneficial to folks who are interested in wanting to outgun their completion.In fact I would not be surprised at all with Rick stating that straddle play method of controlling the deals can outgun rehabbers using the power of negotiation.However... imagined if you can intersect the dots across multiple strategies and be able to rehab it... how cool would that be?

Just as I thought: an upselling, ongoing, money-spinning same ol' same ol'...

., although you can certainly spin it so the numbers look better, the deal is losing you money every month.