Which is how the middle man and seller get paid from the buyer without the seller or middle man not spending any money.

I understand that deal analysis is based on a fully rented scenario but I am just interested in how many people actually achieve getting paid to live in their property.Thanks!

I was wholesaling deals in Dallas, TX and was able to get access to comps through the paid service called Propelio.

She has a colonial home here in the area, she stated that the house is paid for but took out a 90k equity loan.

Then once I get it paid off, go on to the next one.

It has worked for me thus far, and even though there is good debt (like my student loan that is always paid on time) I have always had the theory "if you have to borrow to get it, you don't need it."

We're changing from an all bills paid model to a RUBS, but still, that would have been a huge mistake.  

It would not be too defensive about this but get a loan Pre-qualification letter from a lender and have it state how long it will take to make a closing and a maximum amount. 

I was thinking bullet payment of 5K and if not paid by due date 10.5% annual paid monthly after the 2 month period?

In Charlotte I have enough contacts that I've paid someone else to do almost everything.