I had a texas closing last week were they would not do a mail away and would only send to their sister title co. .who happened to be one I have used for years or a moblie notary which I dont care for.So I sign and my title co. in Oregon forgets to send the package.. poor buyer wants to move in on Friday but docks dont arrive...  

Seek legal advice on this, but be aware that their job is to protect you from the worst-case scenario, even if the probability of it is less than one in a million.Your investor friend is probably referring to establishing a mgt co in the form of an LLC to manage your property(s).  

Sorry if I misunderstood, and forgot, I did pay water at one property as we had a coin op washer dryer there, separate elect. , it covered the water bill +. :)

To say I'll start in wholesaling is a flip of the coin, to make money doing that you need an invenotry of properties that can be purchased considerably under the ARV allowing rehabbers or others to make a profit or to sell off the landlords.

He lives there and has good tenants - not low income, but not professional, either -- has coin ops.

@J Woodfin  basically this is a trick that wholesaler.. they don't put up the EM ergo they really have no contract.. you can just tell them to go pound sand.. and move on today.. you have to follow up and make sure the EM has been transmitted to title co.. in the specified time in the contract the day its late is the day you terminate.. and move on.its a learning process.. you have had with the wholesale community.. and one reason many folks are very leary to deal with them or simply won't..

If you’re not holding it, then it means that someone is, and if I were the seller, I would add all my coins plus a premium for “what if” because you’re only buying in pieces.

@Adam Sheren I'll take the opposite side of the coin. 

Her daughter, Jared's sister, had stayed with her grandparents for a few months back before her Grandfather became bed ridden, until they discovered she was sneaking her boyfriend into the house at night and they had stolen tens of thousands of dollars worth of coins, tools and equipment.

STandard promissory note .. do you have a mortgage or deed of trust to go with it to secure your interest.this is called gap funding and the rates are quite a bit higher than what they are offering.also if this deal does not go well do you personally have the money to pay off the loan take the house and finish it or sell it or if the first went bad would you get wiped out because you do not have the money to pay off the first.Personal guarantee's are worthless.. in 99% of cases  if it comes down to you having to sue on the PG means your going to spend big money with attorneys to do this and the debtor 9 times out of 10 simply files BK.so that's the other side of the coin.. the rest is how much U trust them and how much money you have to protect yourself.