Person may as well just lend then money in first place they are raising it from.

May as well rent to own it to a contractor.

You may as well regard yourself as having no protection from a deposit and no recourse through the courts.

On Landlordology.com by Cozy I found something that may a pdf from Massachucetts Legal Help which may have information you need.  

I have been living and working her for 12+ years in real estate in the Riviera Maya and trust me, there is no market like this one.

At that point, you may as well put your money in the stock market and expect 7-8% growth (based on historic averages) with none of the work.

Maya

Hi allGreat topic, cash flow in Newport Coast, Irvine, Huntington Harbor you may as well be looking for unicorns.....  

At that point the lender has everything at risk and the owner has nothing at risk - the lender may as well be the one buying it.Which actually leads to a possibly better idea: If you genuinely think this is a decent deal, for at least 20K below market in current condition, but you have no money right now for a loan down payment or rehab costs, then can still capture some of the value being left on the table by the seller by wholesaling it.Get it under contract and then contact a cash buyer (I am one but I'm sure there are many others here on BP) and then you'll really find out if it's as good a deal as you thought :)One other thought though, if it's bank owned and listed on the MLS, don't expect to be able to wholesale by assigning that contract.

I learned more in this book so far than my past 3-4 months of researchE-commerce is a way to get cash flow to start, I just got a discover card so I may as well use the card to generate cash flow, that would be very appealing to a lender