Then you are a creditor secured by a lien on the property.The person owing the money could also try to work out a settlement where they make a partial payment in agreement to have the lien released from one property.

As far as offer deadlines, these are merely part of an overall marketing strategy, and are not "official" or set in stone in any way (except HUD, VA and some auction platforms to some degree).

Can't honestly say that I've studied any of the material as of late.Anyway, I have about 110K in equity in my house, just secured a line of credit for 90K and I have a credit score between 710 and 800.I have a GREAT handyman/carpenter lined up and he has an outstanding work ethic.

This includes Security deposit handling and inventory/condition documentation.

I've never heard of that party wall agreement and will ask the city officials about options.

okay, so this may be a stupid question (or not if it helps the original poster), what happens if you secure a contract and then, you can't find an investor who will want to buy it?

When the next election happens consider how you vote based on the elected officials trying to help you as a RE investor.2.

I am in Canada, so I would have to look up securities regulations here.

In addition, while you are waiting for that small percentage of people with bad credit but a big pile of cash to show up for the option premium and security deposit, you could be renting the property.

I take care of rehab, but...big BUT...what is a way to protect my interest in the property while I rehab, allow him to secure his interest while I rehab and resell, all until the property is sold and we all cash out?