But I can assure you that I am not just trying to shuffle papers around to make money from real estate.I want to make money, but most importantly I want to make sure that I fully understand what I am doing when dealing with sellers so that I can remain ethical.The reason for my question is solely because It seems to me that the seller is asking to much for the property and I do not want to do this deal just to make the money and it damages me or someone else in the long run.Like I stated previously, I am going to get help from a realtor to see if I can dig a little deeper to get strong comps for this property.I understand that I can not assign a sub2 without the sellers permission.

He has a court date in September which he wants me to come to court to prove that he has a motivated buyer for the property so that he may get granted permission to sell me the home.

In the lease I have to get written permission to have any holes drilled for anything and no dishes attached to the building.

To obtain fixed costs such as seller's mortgage, insurance fees, and annual property taxes, are wholesalers allowed to act as "power of attorney" and permission to obtain seller's information by contacting seller's mortgage company, insurance agent, etc?

Never transfer property to your LLC without FIRST getting your lender's permission - which you're unlikely to get, banks don't want the collateral assets securing your debt becoming protected - this reason for this is due to possibility of being forced to pay an accelerated note because you transferred title and the bank enforced the "due on sale" clause.

c) The home owner gives us permission to market, list for sale, enter into contract and sale the property to a third party FOR PROFIT.

Originally posted by Joel Owens:...Here we always have a light switch for the fan in the wall and then the pull chain on the fan itself....As Joel Owens posted, the pull chain is permissible as long as there is a wall switch that controls the overall power to the fixture.

The call ended with him agreeing to work with me in exchange for my time and permission to call him on his personal cell anytime for questions/advice/guidance.

The process involves getting architectural drawings, notifying the property owners on the same block as the property and then going before the variance board to obtain permission to make the property a legal 3 family.

A buyer or something along those lines may be able to pay for her moving costs if she lives in the property with mortgage servicer permission.