But if I am understanding correctly, you are saying to find a investor/buyer first then submit the offer to the bank on behalf of the investor/buyer?

So since you are familiar with short sales, you know how to fill out their balance sheet and see if they have a chance to save it by their positive cashflow....correct?...

If I remember correctly it was names like Yahoo, Excite, Altavista, Hotbot, Lycos, and a few others.

So If I just type up a short paragraph covering the extension dates and have her sign it, along with put up more money...... that will be sufficient correct?

The investors who are able to buy property creatively are going to be in a "POWER" position when the market re-corrects itself.

Yes, in a wholesale deal.Also, is it correct that I would pay for an inspection but then the investor would pay for the appraisal?

If i'm reading this correctly, the fmr for the area i'm looking at is over $1100.

Alex, you only need one clause that says...Buyer has the right to inspect and approve prior to closing.This gives you the right to back out all the way up until closing.If you're making offers to realtors then "Diggs" is correct but if you're making offers to motivated sellers like you should be then it makes no difference.

You are so very correct.

Moreover, the real cost of this rental is $80K IF the $20K repair estimate is correct.