Account ClosedHow about just getting it under contract with contingencies in place that allow you out if you're financing doesn't work out?

@TAWANNA HENRY.......No affiliation with NACA.....but i can tell you it is a very legit program.I looked into it intensely, went to one of their workshops and even got a registration email to submit my documents.

Thanks Mark Brogan and Brian Gibbons the numbers do work out I think I'm going to close on the deal.

Unfortunately there was multiple offers and It didn't work out, life goes on.

They then go from 5 million to 1.5 and run with their tail between their legs for awhile to lick their wounds before they jump on the next cycle again.Another mistake is to tell yourself you have some good properties throwing off cash and then it makes sense to gamble on a marginal deal that might work out.

We've had to drop all other investment(research, reading, etc) and turn up the intensity to get the courses complete by the expiration date.

Approach every property like it could not work out and what are the exits to get out clean if possible for both parties??

@Shannon Elam  HML does not report to fico... so if you have an issue you can work it out with HML and it won't wipe out your credit.. you have an issue and are stuck with credit card debt.. the work out is not so easy and your FICO will get hammered and be hammered for years to come.

make some estimates of the expenses and how it would work out.    

5) I had a discussion with one lender and he mentioned that he would work out on full loan and I needed to deal with the seller on his current balance.