The 90 day hold does pose issues with traditional shorter term Transactional Funding.

State laws are not being applied uniformly to retail sellers of manufactured homes or personal property-only finance companies as compared to the application of the SAFE Act to traditional mortgage lenders.

You will occasionally find a traditional wholesale deal come along but there are a massive amount of REO's here in FL to capitalize on.

This is tactic is frowned upon by almost everyone in the real estate business so I am not surprised this is where you now stand.As for the attorney covering some of the buyer's CC, there are some costs which are traditionally split or covered by the seller.

I still wonder if this is the best way to focus my time and energy or could I be more successful in another "traditional" type of business.When you think $100 - $300 a door a month, it doesn't sound like much money on one hand, but on the other hand you have a steady monthly cash flow, hopefully an appreciating asset, tax benefits, etc...I guess my question is, for the people that fully committed themselves to investing in real estate, what made you choose this path over another?

It works great for me, but not for banks.Is it possible that I could get traditional financing (e.g. based partially on the expected income from the property)?

They'll still require a BPO for valuation, whether it's a pre-approved or traditional.

They are also requiring taxes to be escrowed with them, but it is not a traditional escrow, it is just a savings account that we have control over, but we are supposed to ask for permission before we draw from the account.

Then I can get traditional financing and not have to tack on rehab costs out of pocket too.2) Area.

This is a fantastic financing tool for agents: increase sales, get sellers off the fence, upsell, and get financing for folks who might not qualify for traditional mortgages.