Make sure the gaps on the cabinet doors are equal.

Many sellers will charge a pre-payment penalty equal to their tax liability, which means you'll be paying the gains on the sale for them, know what that amount would be and if you're paying close to market rate for the property, I suggest you not to the deal unless they change the penalty.

Jeff the problem with interpretations of things is you will see it one way and the government or a banking entity will see it another way.Some look at the lender taking the hit as an implied agency.So your prime fiduciary duty to the seller and then secondary to the bank.Many ways to look at it.As a licensed broker I simply do not get involved in these types of deals.The pay day does not equal the headache or the risk to the license.This is where to an investor the payday might be so large that they take the risk but to the broker/agent it's not worth it.

But marketing costs for successful wholesaling have to at least equal the cost of licensing.

You could double hedge with entirely leveraged RE for the possible runaway inflation and have equal cash for runaway deflation.A company that has equal cash to debt is thought to be pretty healthy.

Leslie, Short answer (from the perspective of a Colorado Realtor/Investor) is: Case #1: The Plaintiff now has a lien equal to the deficiency balance of $85,453 + the $2,500 bid price against the defaulting borrower.

In California, a "professional" tenant can make life a living hell for a landlord unless they have somebody equally experienced to combat them.Never bring a knife to a gun fight.

So just imagine the property when it was first completed, that should be your guideline to rehabbing) minus PURCHASE COSTS (home warranty, fire insurance, title and escrow) minus OPERATING COSTS (months vacant either sold or leased, yard maintenance, utilities, garbage, water) minus MONEY COSTS (traditional bank loan, lines of credit, private money, hard money, interest only, points at close on escrow) minus SALES COSTS (Brokerage fees, Property Taxes, Title, Escrow, Buyers Concessions) equals YOUR BUY PRICE.

Option 1: 5 rental properties paid in full every year with rents equaling in gross $1200/mo each.Option 2: Rehabbing 12 properties every year with a net profit of $25k each property.Option 3: Wholesaling 48 properties a year with a $5k profit on each property.And you can repeat the process over and over for however long you wanted.

Now the agent, he would not be getting his commission from selling the house and then his profit split but we would include the amount in the profits so we equally get our %of profit.