KhalidI once worked with a group of wholesalers that started a sort of mls by sending out a non-exclusive option to the others in the group.To exercise the option the other wholesaler needed to pay your fee, and then you removed yourself from the deal and the other wholesaler didn't have you messing in the deal with his buyer.

Again, you do not OWN the property in a Master Lease until you exercise your OPTION to buy the Property.

Originally posted by Tom Cullen:For one thing, she's got way bigger balls than Obama.

I really wish all this was as clear as a crystal ball.

Jennifer,In any short sale the bank doesnt even assign the file to a negotiator without an offer, have someone put a low offer in that will get the ball rolling.

It's a different ball game that requires different set of tools, knowledge and personality which doesn't suit me.

Keep in mind, although the goal is for the person leasing the property to buy eventually, many do not exercise this option.

Let them choke on their own REO inventories, then when all the buyers have taken up the tax credits and there is no one left to buy their crap, lets all low ball them!

I highly recommend you get it go through the exercises http://financiallyfreelandlord.com/2010-are-you-setting-the-right-goals-for-yourself/

Only way to learn is to jump balls out right!!!