Most confuse hard assets with only precious metals and jewels, the truth simply couldn't be more distant from that belief.

It is just like McDonalds and Pot.... all great equalizers.

If all that works out, I'll fund you deal for four points and 15% or something equally outrageous.So, you're hoping to find someone who has the money and is willing to lend it, but doesn't really know what they could be making on real estate.

Make sure the gaps on the cabinet doors are equal.

Possibly so, but in the event it does not, that places you in a desperate scenario and as an investor, that is a situation I NEVER want to be in which is why my belief is in building the buyers list first.When starting out, one of the things I would have done differently would be to concentrate more on one or two things, rather than a whole bucket of strategies.

Many sellers will charge a pre-payment penalty equal to their tax liability, which means you'll be paying the gains on the sale for them, know what that amount would be and if you're paying close to market rate for the property, I suggest you not to the deal unless they change the penalty.

Jeff the problem with interpretations of things is you will see it one way and the government or a banking entity will see it another way.Some look at the lender taking the hit as an implied agency.So your prime fiduciary duty to the seller and then secondary to the bank.Many ways to look at it.As a licensed broker I simply do not get involved in these types of deals.The pay day does not equal the headache or the risk to the license.This is where to an investor the payday might be so large that they take the risk but to the broker/agent it's not worth it.

But marketing costs for successful wholesaling have to at least equal the cost of licensing.

You could double hedge with entirely leveraged RE for the possible runaway inflation and have equal cash for runaway deflation.A company that has equal cash to debt is thought to be pretty healthy.

Leslie, Short answer (from the perspective of a Colorado Realtor/Investor) is: Case #1: The Plaintiff now has a lien equal to the deficiency balance of $85,453 + the $2,500 bid price against the defaulting borrower.