- actually - I am about to send some updates to the group , but since you asked , I'll give you the skinny.

Ryan, if it is your residence the liability is limited, if you are in business selling apples or iPods or houses, it's business income and such is treaded as such.

It is amazing how little it takes to Control so much.Some of the words and concepts that can be used when trying to create that great transaction-----Right of possessionDelayed settlementCheck fundsContract candy - buyer incentives Meeting of mindsBanking daysAssignment Release of liability Hybrid offerAbsolute auctionSubordination Stutter clauseSubstitution of collateral Principal mortgageRight of first refusalSplit notesChattels for deposit and tradeFront porch clauseSeller participation Bidder buyers bonus Tax deferredPiggy back transaction Seller refi for take overShort joint venture Option buy backCreating financing works better than conventional financing all of the time.One of my favorite formula is Control & Roll - a method of Contolling real estate with a skinny contract offer and fast turn over for a cash profit.JD --- I hope some of these ideas will help you in search for profits.Charlie

Now I'm content paying some off instead of scrounging around for skinny deals.

I have listen to at least 20 pod casts and continue to, I downloaded all of them on my iPod and chose to listen to them over music in my commute.

@Jaren Barnes I apologize for that, I have been listening to the podcasts on my ipod and I figured it was said enough times not to say all of the things that I said that it wouldn't be too hard to catch the joke.

I know this is a long shot but you don't want to be skinny dipping when the tide goes out. 

It is YOU who has the ability to negotiate a wholesale price or a hybrid with the seller.What to put in your contract offer, how soon after first inspection, making Trial Offers and Second Stage NegotiationsWhat type of contract offer to use, too many pages, not good - agent's contract - not good - a "Skinny Contract Offer - good.

IMO, a 6-15K is "very skinny", especially for your first one.

PM me and I'll give you the skinny on how to make sure you buy houses the right way and how to find deals.