And to answer your question this was simply a hypothetical idea I had floating around.

On the contracts there is some standard contracts floating around BUT if I where you I would talk to some wholesalers in your area and see what clauses they recommend.

Has anyone had any luck with Ca non owner short sales.It's chase bank and he has not missed a payment yet because he is using his HELOC to float it.

It's very similiar to the old school forum advertising, where you paid for so many banner ad impressions.

I do have some cash (say, 500kEUR) to put into the deal.I had a discussion yesterday with a financial advisor, who floated the following possibility:- Use 500k cash to buy bonds, which render a ROI of 3-4%.- Banks would be willing to provide a loan with the bonds as a collateral, up to ~70% of the value of this collateral.- The interest on the loan could be as low as 1-1.5% currently (= Euribor + 1%).Now, sounds interesting, but I am unfamiliar with this type of structure.

I've lost some money in the past when the deal did not close...But as Sam says - yes, the float to get things off the ground is personal money.This is one area where there is a fair amount of moral hazard.

I went to school up here, live in Banner Elk and invest in short term rentals as well.

After years of not being able to buy an finished home in Banner Elk, we decided to buy a lot and build.

I have been pleased with vinyl click lock floating floors and think it would perform well in a bath.  

Investment Info:Condo buy & hold investment in Banner Elk.