Again, sorry to hijack this thread if I am...Lack of POF and/or track record = tough sell when promising a listing for a property you don't have the means to buy.

I simply put a 60 business day assignable contract on the property, and simply by word of mouth sold it for a $15,000 profit within just a few days.With that said, all I spend my days doing, is looking for deals and making offers.The best piece of advice I can give you, is never ever ever look at a property without making some sort of offer on it.

If you and your attorneys with the seller play games back and forth it will only cost you the buyer and seller a bunch of money and make the attorneys happy.If the seller wasn't of sound mind at the time then they could simply void the listing agreement and withdraw the property off the market.

The acceleration clause are events which allow the lender to call the total loan due, lack of insurance is not always one of them, so look this up in the documents.I would get away from phone calls, get into the letters.

This is being offered because simply put, I no longer have the time to wear all these hats.

If I was entering a new market and trying to find a wholesaler friendly title company I would simply call a wholesaler and pretend to be a buyer.

The tenant that left should simply try to coax his deposit from the other two, or the one moving in.

Once I did some shopping around and found a broker and insurance carrier offering good rates, I've simply renewed each year with the carrier.This year, the broker notified us that one of the lenders (WFB), who has a fractional interest in one of the four units, is demanding that we double our liability coverage.Given that the lender is not paying the premium, and that they only half a partial stake in 1 of the 4 units in the building, what legal rights do they have to compel the HOA to seek out a higher premium and double liability coverage?

Real Estate Services do have specific definitions, and usually involve those things required to effect the sale of the property, not just bringing buyer and seller together.If, as a bird dog, you are simply finding a property and bringing it to the attention of someone else, and not involved with negotiations, or "performing real estate services," that are needed to actually transfer property from seller to buyer, there are no laws against that.If I'm wrong, here, I'd love to read the statute that requires a license to say "Hey, Joe Investor, there's a vacant house on 13th Street.

I think their issue is that they view my initial loan with my aunt as a cash out refi because the HUD settlement statement says I paid cash for the purchase.I tried explaining that I paid with my aunt's cash that was loaned to me - as evidenced by the mortgage note - so it was not a cash out but they simply don't want to budge.What is frustrating is that they had the original HUD settlement for over 2 months and never said it was an issue.