Offer comes in, maybe it's 7k difference, you have the original seller countersign with conditions, stipulations, that originated from your first agreement with the seller that sends the original seller/new buyer to closing where in some sort of fashion have you receiving the 7k difference in the form of an equitable interest credit.2.)

there is a woman who blogged about her experience here (and about 4 earlier posts on her site) - it's worth a read if you want to know more about the houses being sold at these seminars:  http://flippinginrealestate.blogspot.com/2014/05/b... the one on one was interesting and useful since nobody else was asking newbie questions and the guy we met with was willing to share his strategy - he does all his investing out of state.in summary, rather than spend 20-40k on a guru course, spend 10-30% of that on some good old fashioned marketing.  

Everyone hates doing it but good ol' fashion "belly-to-belly" sales is the most effective marketing out there.Unfortunately the only way I have found to create a list of junker houses (assuming this is what you want to wholesale or buy) is to drive neighborhoods and make the list by sight (or have a bird dog do it).  

Hi Friends,I am running multiple DM campaigns and am having a hard time keeping everything organized in some fashion that will allow me to really understand how each campaign is performing.

Once you contact the owner you can negotiate and buy the property directly from the owner and take the title the old fashion way. 

If they have old fashion thermostats switch to landlordstat or nest.

When I purchased it there was a very elderly couple living here so the appliances and the overall style and setup were very old fashioned.

The problem with making him an equity partner comes in if he doesn't get the work done in a timely and/or quality fashion, and if you need to hire someone else to finish. 

Once I get to that point, I will "flip the switch" from growth mode to wealth preservation mode and pay off those mortgages in snowball fashion.

And in some instances if I felt it was appropriate I would help them file a BK so they could save their equity and sell in a timely fashion.. guess who they called when they were finally ready  LOL..good luck with it.