You don't want your estate to go through Probate because of a "will" and be tied up.  

All of these criminals have ties with Goldman Sachs including those at the FED, the Treasury, the White house, and of course, the banks.

Only a limitation in that capital is tied up in properties.

My biggest problem has been finding reliable, consistent funding, as well as tying up funds in rehab costs.

It seems that early this morning the Seller filed bankruptcy on the complex and has tied up the property in the courts.

Originally posted by Henner Mohr:Interestingly I asked about this very issue and you can keep all of your clothes in trash bags over night in the hotel in the tub or shower with the top tied.

Be happy the bank is offering you a way out without foreclosing on your nonOO properties because you are in the minority here.We all understand what you are tying to do but it just isn’t going to happen and no one with a modicum of common sense or real estate knowledge would engage in these activities.

one thing I have learned over the last two years is that we need to redevelop banking relationships with local instituitions that have local ties.

I have always used cash and my sellers are normally motivated such that I can tie properties up for $10 so it hasn't really mattered much to me.Are you finding good deals that have multiple offer situations such that the magnitude of the earnest money is really important?

I wouldn't tie up a limited cash amount long term.