The important thing to remember is the entity decision should not be driven by a single factor, rather a combination of legal, tax, ownership, and control issues.

-Prepare a game plan that gives you a number of options...such as Plan A is to wholesale this deal. 

The back story here is a i made a couple offers on some REOs and they took quite some time to even respond to bids (a month or so).

Nice work @Karen Margrave, I am a stat driven guy.

Greetings to allI am located in Baltimore Metropolitan area and I'm brand new to real estate investing but coachable, driven and I have some capitol to invest.

- N/A, I do not wholesale.

hl=enBook Summary: The definitive story of Amazon.com, one of the most successful companies in the world, and of its driven, brilliant founder, Jeff Bezos.

That made him more driven than ever to prove them wrong.

What if that $400k never actually goes into Joe's account(s), what if it just sits in a designated account held by a some entity that you have control over with Joe as the beneficiary or something (@Matthew Kreitzer come be a "i am not giving legal advice i am not your lawyer," lawyer, for a second)?

The inventory on most real estate improvements are pretty low now and that has driven up prices and has been better for cash buyers because they can typically close quicker.