Even at BiggerPockets worst, it still kicks ALL other REI sites A**!

If you are wholesaling, ideally you want to be dealing primarily with cash buyers, and at worst, buyers that utilize HML's for their purchases.

Worst case scenario, if that doesn't work, I'll rent it out.

I am reading a book on hyperinflation and depression right now to get a sense for how people can plan for the worst.

My "cliche" is hope for the best BUT plan for the worst.

You are running into this situation becuase they are going to sell the note and the investors has specific guidelines to which the lender must adhere. 3) Florida's market is one of the worst in terms of risk, so you really should appreciate the risk they are taking and should understand their caution.

@ smitnlitThanks for the info,The worst part for me of being a landlord has been showing the property.

Given the nature of mutual funds, you'd have had to have picked the absolute worst mutual fund EVER if that money was worth half of what you put in.I'm sure your wishes are in the right place.

I hope it's not something structural or that in the worst case the wall collapses.

In most cases it was between 7-8 years and it just so happens that the average person spends less that 7 years in their home so the average person would breakeven in the worst case scenario if they chose a 5/1.