The simple answer to whether or not you should put a property under contract without a concrete "disposal" plan is.....it depends.....it depends on the deal.

I have heard of using a land trust, but understood that is largely to avoid the cost of forming disposable LLC's.

Garbage disposal, microwave, internet, pool, patio table, window blinds,..... anything that could break or become a hassle.

Perhaps Steve Cook has the tools/resources at his disposal to help us do a little study on this.

Have a separate agreement with your end buyer that they agree to pay you the money as a finders fee outside of closing.Another way to do it is to buy the house in a disposable LLC.

Or are there differences between them as to how to dispose the real estate?

Finally, a roommate and I decided we really wanted to have more disposable income so looked for months for a cheaper place to live, but that was still nice.

Example if you can land an assumable commercial note at 7% and the going rate is 6.5% and with the assumable you put 10% down and the regular lender you put 25% down you have to analyze the cash outlay.You might accept a slightly higher rate with an existing loan with less down.It really is the wild west out there and as the vice president of special assets of Regions told me they look at every file on a case by case basis.They have many tools at their disposal so I just usually talk to them to see what they would consider.It's a bunch of phone calls and follow up to get things done.On the residential side I haven't done much there in years although I am looking into wholesaling to rentals to foreign investors.I have a local Atlanta property manager and they only do rentals and no sales.That is perfect for me as I only do sales.

Radiating a sense of actually caring what the other person says is the most overlooked tool at out disposal.

Now if something should happen to you, your estate can manage the property and dispose of it as needed.