That is exactly why I have been on this site for hours everyday, there is SO much to learn!

Sorry, but I have to address this: That is so wrong and unethical that is should be reported if found out.

There is so much to learn and it feels like there are so many aspects to the game.does it make since to try and get the investor onboard with a presentation before i find a house or do i need to have a property in mind with specific numbers or just properties that meet a certian criteria. my investor might be a family member but he is a old man and a hardass, so its not like i can just call him up tomarrow and talk to him, i need to make a appointment and it feels like a lot of work to find a property-figure out costs of everything-just to have him say no.

Your post shows exactly why it is so difficult to execute a "deal" with no money.

The next time, I left the wording, but did not initial it, therefore, did not acknowledge it, or agree to it and it went undetected.Again, I feel there is no risk with signing it as you get your EMD back if they actually did choose to cancel, and that is so highly unlikely if you (the buyer) are a serious buyer and don't give any problems in closing the deal.

The reason why is so that wholesaling is a strategy where you can buy and sell houses without using your cash or credit...and you can structure your deals such that there are no risks.

The frequency with which a particular seller provides financing is so limited that HUD's view is that Congress did not intend to require such sellers to obtain loan originator licenses.

There is so much information here!

I work with a cash investor and since there is so much competition for REO's in our area we are trying a new approach.One catch is these leads need to be exclusively in the Los Angeles County area.

I would look really hard at their motivations, I might even ask directly if the deal is so good what is stopping that person from doing it themselves.