Should I just try to negotiate a lower price and hope to wholesale it?

There are lots of valid reasons NOT to provide this to a broker or agent who has a fiduciary responsibility to your opponent on the other side of the negotiation table.

Adam forget about the HELOC and focus on finding a house that someone is in trouble with and take the property over SUBJECT TO THE EXISTING MORTGAGE.You can also do a lease with option to buy and then negotiate not putting down a whole lot of cash and getting rid of credit card debt and other debt.Loosing a job is not the problem.

I'm still trying to figure it out, but my logic says this: We negotiate the sale price of the house NOW, and the renter is to BUY the option to purchase the house within say 2 years, for a "down payment" of say $5,000.

But will I still be able to negotiate the price, even though I have to accept/reject the offer by midnight today?

What do you think...Is there anything worth negotiating here?

Until Rich Dad, I never new what a wholesale was, how to negotiate with banks for short sales, and never would have heard about Lease Options (which I am still researching), or creative financing.

My 2009 business cut back plan is simple...1- My lease ran out on my satellite office so I did not renew it SAVING $$6500.00 per year (rent, phones, internet, gas getting there)2- NOT buying a new or used car this year SAVING $$6,000.00 (in payments, interest & full coverage)3- NOT hiring anyone new this year SAVING $$27500.00 (but it keeps ALL the pressure on me)4- paid off almost all debt SAVING $12,000.00 in interest per year (commercial loans, high interest credit cards)5- Scaled back the cell phone plan SAVING $1200.00 per year6- NEGOTIATED with internet provider down from 65.00 per month TO $20!!!!

I am doing my own negotiations.

So they negotiate how they are going to split the fees.Either they split the profit or the person who has the property under-contract and names their price.