@Chantelle Hester - I second what @Elizabeth Bassett said about time commitment with wholesaling.

I have been in real estate investing for several years and am committed to it as an investment vehicle for my family.

But the simplest explanation is that the lender wants to be sure you have enough commitment into the deal to reduce the likelihood of the lender having to foreclose, and that if the lender does have to foreclose that there is enough cushion to recover the amount loaned (or as much of it as possible).The commitment from you would be at least 30% down in your original example.

If so, you've probably committed to obey local sign laws that prohibit those typse of signs.

Longer commitments are lower rates, but your returns are more consistent.

So we tell folks who calls us or text us come to see the unit and they can have an application document IF the are willing to commit with a $30 FEE.

We are supposed to get our commitment letter today, but the bank (last minute) said fannie mae and Freddie mac no longer allow this rent back because of the new laws?!?!

We negotiated the price down and even gave up some options, but we were still committed to building the home.

If you tell them you "can" pay cash, it doesn't commit you to doing so.

@Lara Nicole Are you committed to finding something in one of the three areas you mentioned?