shep,wholesaling involves 3 parties...the seller, the assignor and the assignee (eventual buyer of property).assignor contracts to purchase from seller...and then assigns the contract to an actual buyer who's going to actually purchase the property. assignor makes money basically from finding the property, tying i tup through contract and then by selling it (the contract) to a buyer.make sense?

You have to be added as a responsible party.

Jimmy,definitely, it doesn't matter if you have a property worth 230,000 and you're buying it for a dollar...well maybe not that far below market :D - but what makes a property a good prospect is if it matches your EXIT STRATEGYthis is made up of many different factors.Your exit strategy (or goal of purchase) is the most important aspect for your investment approach because it establishes your boundries and lets you know exactly where you stand and where you want to go!

Charles,It may simply be that your ad lacks a fun, easy list of all of the benefits of your particular rental.Unfortunately, Weichart doesn't really have much motivation because they don't stand to make a lot of money off of your one rental.

i think a 60/40 split is fair - straight up.broker 60 - sales agent 40no desk feesno bsas a sales agent you've got to stand firm - everything is negotiable!

Subject to's are conditions that will allow you back out of the deal if they are not met by the seller of by the parties involved in your deal.Here is another example; subject to appraisal, which means say you got a property under contract to purchase a house for $500,000 and the property only appraises at $475,000.

I know the laws are different from state to state and that part is intimidating.

A deed of trust works that the grantor (the owner or borrower) grants the property to a trustee (a disinterested third party) who holds the property in trust for the beneficiary (the lender).

Good luck.Hi DannyWhat does ARV stand for?

If I can find the right party we will both win big time.