And they both double in price over 10 years.

For the Short Sale Double ClosingA to B; B to CPros:If you choose the Land Trust, you will have the added advantage of seasoning to allow the end buyer to possibly qualify for FHA financing (The New Sub-Prime).If you choose the Option Contract, you have the flexibility to unravel the transaction without a mess if you are unsuccessful in flipping.More Pros and Cons to follow

A mini-storage in this case.

Sounds to me like Utah is in a mini bubble (still!)

I Have bought and sold 23 properties this year and anticipate 35 by years end with my goal for next year to double that number.

It will be cleaned, I have a window person coming to give an estimate on replacing 5 double-pane windows later this week.

Is anyone using the option contarct and double closing or back to back closing REO's with success?

One CPA caller had a good idea--he suggested the banks allow people to pay principle only and double up the principle for a few years so they can build up some "skin" in the deal and add an extra year or two on the mortgage to make up the interest.

They have it listed almost double of what is owed, 56% more to be exact.

Or do I have to entertain a double close at this point and give up some money to a company luke coastal-dunding?