I did not mean to offend I was just giving an alternative.

Assuming they don't sell the note as an alternative, I mean.

An alternative to what JScott mentioned is the have them commit a non-trivial amount of money that is hard immediately if they are serious.

This isn't quite a hypothetical question, but I'll keep it general in nature.I've noticed a few husband/wife teams (or couples in alternative relationships) where both are real estate professionals.

The lightweight exception is 504 (Reference 5) and says you can sell exclusively according to state law exemptions that permit general solicitation and advertising, so long as the company sells only to "accredited investors."

His alternatives are few...traditional sale means cash out of pocket which the seller probably doesn't have, a short sale which half result in a foreclosure anyway...they go into foreclosure and take the "atomic bomb" FICO hit, or...they assign the payment.An unsellable house to a probably unloanable buyer.

There are so many alternative investments out there that generally only accredited investors see.

Alternatively, you could start off with some cheaper condominiums.

You really need to have a solid plan and not many alternatives to choose the right product.

However, these alternative strategies, often times incur a largr upfront cost usually in the form of a downpayment or other consideration which greatly increase the risk factor.The ultimate litmus test, in my opinion, is the B in an SLO an integral part of the transaction?