Usually the price is stated as something like "the sum of $10.00 and other considerations."

I purchased my first house at 19 near the height of the market bubble, then proceeded to loose it during the downturn.

Hello everyone,Can someone explain, from a wholesaler point of view, what are the main considerations / differences between structuring a deal for flippers vs. buy and hold investors?

If you are "on the fence" on that consideration I'd probably lean toward allowing your tenant the opportunity to make things right and continue on.

Although, if the seller is smart and you make considerably more that what a "reasonable" commission would be and that is not disclosed to the seller, he could have grounds to sue you or make the contract voidable.

Fire damaged homes can be a great way to pick up a property at a discounted price, however there are items that need consideration.

I suggest you read the thread "The Truth About Wholesaling".You can use $5 as earnest money, but if there is any kinks in your deal, like a seller sobering up, there is no equitable consideration to enforce your contract, I'd say a judge may laugh or just throw it out.Use an earnest money note, $500 to $1,000 maybe more depending on the price of the property.There are risks.

A company that has a product will have longer considerations as to product name and market, but a service oriented company that is based on the knowledge, experience and personality of that individual is not a further financial consideration since they are gone.Good luck :)

I explain that I'll use LOIs and I won't have him/her to write up anything until after I have an accepted LOI, and I won't schedule any visits for properties that I don't already have under contract.We need to realize that a Realtor's time is his/her most valuable asset, and a little consideration goes a long way.

Or should cash flow the only consideration?