If they won't, then the buyer should pass as that is nothing more than setting up the buyer to fail and to go to foreclosure in most cases.

Bring them a solid business plan (I'm a flipper with a dream isn't going to pass as that), a good credit history and properties that they wouldn't mind taking if you miss your payments.

Given one week to study, I'll bet that 90% of the non-licensee investors on BP couldn't pass a real estate exam, yet they want to think they are on track to make a million in a couple years or so.

As far as an actual transaction would go, I would think that the Board would need to pass a resolution to sell an HOA owned property and authorize someone to sign a purchase agreement.

If I found out you were driving your car untrained and without a license (that you needed to pass a test to get), I'd be concerned about that as well.What's the difference?

Right now my train of thought is if you make more money on a property you should pass a little bit to the investor.

I'm looking to get into real estate to provide for my future family and have something to pass as a legacy.In this area it seems the best option to accumulate some cash is wholesaling lease options.

Hey Jonathan,I'd pass. As

You could pass a test on it easily.

Also, it was the only one I saw, I did pass a fairly new Habitat for Humanity house on the same road.