He will either find a buyer that can get through the shortsale process or the lender is going to foreclose on them.Since the property needs work, it will likely have to be all cash or a rehab loan.

How many hours (or days) do they spend running all over God's green earth to show houses to a buyer that can't make up their mind and then suddenly disappears and never purchases anything?

@Austin Hunt I'm in the same situation as you when you posted this.

Or does the seller generally move on the the next buyer and the investor has to try to find another deal?

As a buyer, I'd almost always prefer the "touch up" or "just replace the plumbing with pex" treatment, especially if it's a pre-war home.My renters (single guys) care way more about things like the height of the shower head and how loud the ceiling fan is than what anything looks like.

If I were you, I may try and target a property that needs a significant amount of work, whether on the market for a long time or off-market where you can get a deal and don't need to be in competition with other buyers.

I am trying to avoid the itch of NOT buying a property, and use my head.Thanks again, and happy hunting!

So, I'm on the hunt for the next one just like this or better and want to pull the money out quickly to get into the next one quickly and keep building and snowballing.

We got the buyer reperforming and collected 8 months of payments plus a reinstatement fee of $2000.

What if seller-agent found the buyer?