If I can't I will say so.. no charge :)teaching the nuts and bolts of a certain transaction and  Closing skills are two distinct diciplines..

I read my last thread response and I think I added the distinction b/c some banks will consider the seller-carried equity in a "CLTV" calculation as a rider to their LTV underwriting.

If you have figured out a way to buy properties (and make a profit) with out needing to perform this important piece of DD, I'd pay for the information.If a house is sitting on the MLS and it gets no bites it doesn't mean it's bad and just means know one sees the potential you see.There is a very important distinction between everyone else not seeing value where it is, and you seeing value where it is not.

That's the distinction you need to make.

Is there a distinction?

Hi, thanks Colin, but before you do anything you need to know what your state laws are concerning these issues as well as federal.You will need to get a non-owner occupied loan and it will have the DOS, but I'm not obverly concerned with the DOS, for reasone you can find here.In some states, renting residential property on a triple net basis is not acceptable as there is a distinct difference between ownership rights and tenants rights which carries with it responsibilities of ownership, like maintenance.

So that sort of inquiry is distinct from the ones for a home loan that happen within a few days apart.

From all that I have read, I am getting the distinct feeling that most in the wholesaling business, no matter what other marketing efforts they perform, have the most success when they knock on doors.

An all cash buyer has a distinct advantage with this method.

I would add that R.I. currently has the highest unemployment rate in the country and it has had that distinction for the last few years.