I'm curious less from a "making you whole" perspective and more from the he committed fraud perspective and would like to see him punished.

I have been to 2 different guru seminars; I wish i would have saved those resources for my investing needs after finding BP, but at least i'm committed to claiming my future in this industry.

Do any of you professional wholesalers require proof of funds or commitment from a Hard money / private money lender before assigning the contract?

They can give you the best information as to any outstanding probate issues and see where they are.You should be working with a title company that can give you a preliminary search, mine were free as I closed enough with them they did free searches and commitments for me.

Find someone you trust to research and visit the area thoroughly before you commit.

I have some business experience and have committed to building my real estate business for long term success.

If you give the agent what they want (and don't try to usurp their commission), they have the ability to work in your favor.The listing agent could easily take your verbal offer and relay it to the seller (there is nothing legally stopping them from doing so), but that would be poor negotiation on the part of the agent, and the agent is apparently smart enough to know that having you write up and sign an offer will emotionally commit you to the property more so than you just throwing out a number over the phone.If you want the property, submit a written offer (on a contract) and let the listing agent do their thing.

If it were a Sub-2 without a significant financial commitment by the buyer, I think it would be more risky.I will be assigning and not double-closing, andI will avoid being in the chain of title as well.

The key to having a successful marketing campaign is to set your budget, no matter how large or small, and commit to mailing every month rain sleet or snow, calls or no calls.

Also, I try to establish trust with my sellers so they are committed to working with me through the end and less inclined to cut me out of the deal once we start that process.That said, you just never know.