You probably just need to have an attorney talk to your relative to assure them there is no risk.

Being how do I assure that they have funding for rent.

The truth is most people fall short of their goals, so aiming higher assures you meet them.Really his message is just about thinking big.

I assure you scammers read these posts and when someone comes on and announces they are a new lender they put a big target on their back for the scammers.

If this property was in Las Vegas and on the MLS, I assure you there will be multiple offers.

What I would want is to go over the contract with someone so I understand my obligations and am assured that I am capable of doing them, as well as that there is no "Your soul will be relinquished to Giglamesh the Destroyer" on page 83 of the fine print.Im half joking about the soul stuff, that's absurd, but it's about hidden obligations that the signer wouldn't know about know about until an issue arose.

If you allow pets you'll have damage, almost assuredly - just depends on how much.

I can assure you that the only fees on the HUD is to the listing and selling brokerage.

So, the real fact of the matter is, a wholesaler who just facilitates a deal isn't really worth as much as a broker as they can't provide any assurances to either party as to their competence, ability to facilitate a transaction, cover any error or omission, offer related services or be held to a greater degree of responsibility to either party.....all of that is also included in that 6 to 10% realm.

Just because you buy a sfr for $30k and it appraises for $50k, does not assure you have 40% equity, nor does it assure you will turn a profit on the sell down the road.