I am a true believer of SFH as my investment vehicle and I think it is the way to go.

If the OP is an investor, I would immediately suggest turning the cards on the seller, effectively saying: 'Hey, you are under contractual obligation to provide clear title.

Just get a payment processor that can run card not present transactions and get their card number?

While it's true they lose their deposit and any funds that have been applied to the principle balance on the loan if they don't follow through, they may never qualify (potential for more option money, longer term cashflow though)...The only other thing I can think of would be to enter the deal while legally structured as a trust, then you could transfer all or part of your "beneficial interest" in the property for a fee.

I would just prefer to keep my cards closer to home.

People buy assuming this is true.

They simply place a small classified ad that reads "Looking for buyers to purchase homes at 50-70% of true value"I have picked up endless buyers with this ad though "Free List of 45 foreclosed/distressed homes" call or visit www.$$$.com.

Before I go any further, I do want to specify that these "lines of credit" come in the form of business credit cards, not traditonal lines of credit like you would get from a bank.

It sounds to good to be true

To be honest, I try not to depend on speculation, but I don't think we're done growing out here by a long shot and my location is pretty dang good.One main point that I'll also make, is that my expenses are HUGE living here by myself, so moving out would significantly reduce my monthly expenses by at least 300/month, if not much more, depending on if my gf lets me move in with her ;-) I would also pay off my credit card debt which costs me $250/month.To summarize with conservative figures:Refi with remodel- I break even monthly, left with under 20K to investRefi without remodel- I have negative cash-flow monthly, but left with about 30K to investSell- No cash-flow or appreciation possible, left with 35K to investMy main questions are, do my numbers make sense, and does owning a negative cash-flowing property make sense at all?