Just missed out on a short sale in Colorado springs. 3 bed 3 bath, listing price was 105K, I put in for 120K, someone outbidded me.

If there was insurance put in place by the bank, they'll get that check.

Say you score a property for 50k (40k loan), put in 20k of work, it rents for 1000/mo and has an ARV of 120k.

You're going to buy this for $138K (loan balance) plus back payments and fees and closing costs, put in $6K and sell it for $165K?  

I will look in to my contract more closely and will put in my comments.Hi Bill,Thanks for your input, it gave a new perspective.

I wonder how value it would be to put in a street name and pull home owners name, sellers name, if it is a foreclosure, or bank owned, or if it is for sale.

No longer distracted by an employer, I was able to focus on doing what I had longed to do but did not have the courage to full time.

Everybody is different, but I wouldn't put in an extra 15K with no equity just to hopefully make a couple hundred bucks a month.Wrap as a handy man special with 10k down would be my go to exit plan.Good luck!

Go professional and concise, send something that people will open and put in the property file.

You get out what you put in.Most solid wholesalers have a VIP list and they call them with deals...Tim,Maybe I am naive but I thought that using a wholesaler allows a buy-and-hold investor to bypass the entire process of searching for deals.What exactly can I put in other than ask to add me to a mail list?