If not it is simply considered a loss!

I would also like to enter more than one address at a time.

I have never specifically used options to tie up real estate, but have traded stock options and thought I would throw in my .02 cents on risk.Any option is simply a contract between two parties where one party pays a monetary amount up front (premium) for the right, but not the obligation, to purchase some asset at a set price over a specified time frame.

In contrast, a quitclaim deed simply means the grantor transfers all rights he or she may have in the property, assuming they have any at all.

Under the search function go to ADVANCED SEARCH, scroll down to the bottom and enter that mls #.all cash

It looks like spam that is presented by newbies trying to wholesale properties to other uninformed newbies.I would NEVER buy a property or enter into business with someone that is presenting inaccurate information in a spam.Mike

I do not want to simply become a statistic, I want to learn from this experience (as painful and embarrassing as it may be).

It's funny (not really), when I moved from investing in my own properties to building for others it seemed like I was taking on less risk, but as I found out, I was actually investing in something that was intangable, and when the market got tight, that intangable was simply gone, along with my investment.

That way, I'm not paying a commission on the purchase, I am entering into a business relationship with the birddog.

Thank you for your time and have a wonderful biggerpockets day.......I'll try to clarify this as simply as I can.