There are people who buy a longer term (12 months or more ) OPTION giving them a RIGHT to purchase a subject property, at a certain price, within a certain amount of time, and attempt to either sell the option for a higher price or close on a simultaneous purchase and sale to an end buyer paying a higher price.  

.$70k out of my pocket cash and sell the house when it is done for $360k to $400Kclosing cost $40k so 360 - 40 = 320 - 270 = 50K profit or 400k - 40k = 360k - 270k = 90k profitthe $360k is conservative for sale price chino hill ca.at least that was what i had bouncing in my head

Is it better to have a willing seller and buyer before sending the initial purchase/sale agreement?

Another was to partition the mobile home park and the self storage and the commercial tenants into 3 separate sales.

They started advertising some of their properties on my Investment Properties For Sale Show, and I have liked working with them a lot as well.

Just keep a good record of your SREO and hang onto the HUDs that you've had from both your purchase and your sales.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

Post Dodd Frank sellers have continued the same bad practice of selling houses to occupants with financing at selling prices that are way high, can't be justified via any type of 3rd party valuation (appraisal, zestimate, tax value, even recent sales in the same area).   

Usually the seller completes these before closing, but for the "as-is" sales or foreclosures, they tend to put that responsibility on the buyer.

It’s awesome to see your excitement for real estate investing, and congrats on your first land sale, that’s a great milestone!