Account Closed In Canada we do not have long term mortgages - you will be hard pressed to find anything longer than 7 to 10 years and silly to pay the premium for such a long term.  

You press on and say that if he doesn't know what he is looking for, he should bring someone with him that does.....Which ironically is exactly why he wants an inspector.Second, the statement about why would you spend 200k on a property with 2k rents sounds pretty lame when you run an out of state turnkey company.  

When pressed he said it was lower end workers like construction workers, truckers etc.

@Charles Press  The 50% rule has nothing to do with financing.

Honestly, I think you'd be hard pressed to find a quality reverse exchange for much less than that which means that you're spending all of your tax liability and maybe more to save your tax liability.  

The note can simply be in both of your names, you can work it out between you.I've been in the non-profit sector as well, as a note holder, how they get along is rather irrelevant to you, you won't know how they get along either, they either pay as agreed or they don't.Foreclosing on a church can be pretty bad press, but it's done everyday....or almost everyday.If they start talking religion, hold on to your wallet!

It’s rare that I have a real estate question that doesn’t return useful results on a simple search in BP.This doesn’t.So here’s my situation:I’m closing on a duplex tomorrow.I went under contract on it 6 weeks ago.However,I recently found last week that I have other pressing needs for the cash I was going to commit for the downpayment.So 3 days ago,I asked my agent to list one of the other properties on my portfolio for sale in order to raise that cash.Except that I suddenly realized I could have done things in the exact reverse order and just 1031 exchange the properties while holding the cash I will now be wiring tomorrow as downpayment in the duplex purchase for my other liquidity need.I called my attorney.He says there’s actually something called a reverse 1031.But he’s not sure if things can be arranged in time now since the duplex closing is tomorrow.Has anyone else done a reverse 1031?

Your going to be extremely hard pressed to get acceptance of those kinds of discounts at the present time... still a sellers market from my perspective. 

But when it come down to managing the work flow, and having multiple properties to you are looking to wholesale, managing the follow up,  you would have to do all those things in system like Realeflow.Realeflow in a dedicated CRM with some additional benefits does some of the things that repropfinder does like you can pull comps (Reprofinder does it better #facts), gives you an automated ARV estimate (not very good) , lets you send out mail from the system at the press of a button, also Realeflow offers more leads types you can "pay extra for" that would otherwise be included in Realeflow or Flipster or REIAutomator for no extra charge. 

Use bandit signs, craigslist, postlets, create a website with the street address including state and zip code, do a video walk through, put the video on a word press site, etc.Here is a check list:Common Mistakes When Selling On Lease Option: * Failing to properly pre-qualify the tenant/buyer. #1 is to underwrite with a licensed mortgage broker.* Failing to do the proper disclosures to a sub-lease option tenant/buyer.