@Anthony GerenIt can be done, but a little harder, since most wholsalers' marketing material says "cash buyer," which is one of the reasons some sellers call them in the 1st place. 

It seems like a reasonable flip if I can buy way lower than what he's offering, or potentially a seller financed deal? 

For instance, if you think a 40k 2 bdr condo is a good property, I am open to hearing the reasons why.Thanks in advance and Go Birds!

hello everyone,I've recently made two offers on short sales, (they both happened today)as they looked like good deals when i quickly ran the numbers, so i made offers on both as things are going crazy fast here in vegas and i thought it was best to submit an offer then have the option of turning down the deal if it wasn't a good one.after using the rental calculator one cash flows for 90 and the other for 60. and this is without me allowing for cap x on either, the reason for this is that ones a town home and the other is a condo, both with good hoa's, i did allow 5% for repairs which i think is a lot as the condo has just been totally refurbished and the TH was in good condition and I've allowed 1500 for touch ups, so it'll also be like new after I'm finished. my thinking was that this 5% would cover both repairs and cap x as there shouldn't be much in the way of either. is this a terrible idea for me to allow so little for both.i would be waking in with 25k of equity on the TH and thats without my 20% down payment. and with the condo id be getting around 13k.here are the rental calculator results for both-any help would be greatly appreciated!

I also enjoyed reading "The Millionaire Mind" and "The Millionaire Next Door" for the same reason.  

Well, there are very, very few reasons that you would operate as a C-corporation, but not in your case.  

Unless you are one of the best networkers in the world or driven to work 24/7 10 years is not a reasonable time line for retirement from the 9-5.

The reason that people by rent to own or lease option is usually because they don't yet even qualify for a FHA loan but they may be close.

-Is the earnest money non refundable for any reason ? 

Deep in my gut i feel that there is another reason why she is in such a hurry, a part of me felt that she was wanted, or maybe someone is looking for her because she seem to be very paranoid.