I guess I thought the property might be more attractive with positive cash flow already in place.I've been taking the advice of my agent for rental prices in the area, but the last conversation I had with him last week, he couldn't give me any reasons for the lack of interest or any time tables.

The cool part is, even on the first deal, I had aspects where I was able to bring things to the table he could not.

I know nothing about this particular company but transactional funding is very useful for wholesalers in areas where title companies will not perform simultaneous closings where your buyer comes to the closing table with the funds...but you must have a buyer lined up in advance just as you were to have a simultaneous closing.

Like any business transaction he will want to know what your bringing to the table.

While they may not be able to handle you pocket deals anymore, here are some things agents for investors they like:- They'll let us know before a property hits the MLS, so we can look at it prior to hitting the MLS, and can get an offer in the first day;- They'll literally tell us the other offers they have on the table, so we know where we have to come in to get the deal;- They'll put in a good word with the bank and convince the bank to take our offers.

You can still pay him under the table but the contract will help to keep him honest.

Both closings take place at the same table (or at least within an hour or two), so my money is not at risk.In return, I receive a flat fee...

someone had the right approach, buy right and have a great exit strategy--leave some money on the table and blow those suckers out!

come on you guys lets hit your numbers up against mikes and lets see if we can come up with a avrage,,, i like the 50 % rule but i really like to refine the process since i bring a lot of construction skills to the table and am learning management i like to estimate property a little closer

For the deed transfer...has anybody had an issue at the closing table?