I'm trying to get the ball rolling, and I understand that title companies can be a good place to get information.

While I agree with everything posted here, I will share some additional methods that could help land you in great opportunities as well as keep your investment group goingl with their eye on the ball and off the squabbling.

After you get control you will be totally familiar with the property and it's problems, and, start bringing in some cash, and you can get started to work putting things together in order to exercise the option and get the ownership..

Great idea . . . the rest of you might want to think about doing the same . . . it is a great exercise for yourself and for others to learn from!

You need to build bigger equity and after 12 months apparently it's a whole different ball game.

A wholesaler is taking the time to look at, research, and low ball a hundred plus different properties on the MLS to maybe get one.A serious investor buyer is going to care less about how you found the deal and more about making sure you call them with the next one.

This is to open the pathway for you to make a low-ball offer and get it accepted.- As Jon mentioned, you will have to state that the seller is not benefitting from this transaction when he is.- Business wise you are gtting royally screwed.

Getting an section 8 minoraty tennant involved in the purchase may bring into play some rules that the owners do not want to have to play ball with.

It has been urged and echoed, that the power "to lay and collect taxes, duties, imposts, and excises, to pay the debts, and provide for the common defence and general welfare of the United States," amounts to an unlimited commission to exercise every power which may be alleged to be necessary for the common defence or general welfare.

If people really are in the know on this, then something this important needs some people with balls to speak out and own the position.Tim