I'll be curious to see if they can organize enough to slow down or impact the boom.

If you opt for this, make sure to read closely the terms on the equity line so you're not surprised with minimum withdrawal amounts, upfront fees, etc.

I haven't seen anything of cancellation or withdrawal if the bank draws this out for a long time, and I find another house to purchase.

This is a slow way to go but there are advantages for new investors.

Since loan originators cannot tell for certain which loans will end up as slow pays or no pays, the originators will have to cover this additional cost through higher fees and/or higher rates on every loan.Guess what?

I have had some tenants who will come and say they like the apartment and they are going to run down to the Walgreens and withdraw cash and then I never hear back from them.

Hopefully your market is not so slow that it takes more than a month long vacancy to get a good tenant.

Gmail BlueFor those of you who are slow on the uptake like me, this was introduced April 1.

Hello RyanMy advice to you is,yes ,you can make money wholesaling,but you gotta know what you're doing.Read everything you can on the Wholesaling Posts here on BP before you make any big moves.Also,since you have the background in RV's ,you might want to check out the teachings of Frank Wolfe and Dave Reynolds at "MobileHomeParkStore.com" they have an excellent course and 2 day training.They also buy and sell mobile home parks thru out the country.They also have a great reputation.An under performing mobile home park and be a great investment,,"If you buy it right ,make the right improvements and bring in good management.Again ,take it slow and be very careful who you choose for a coach or mentor.I am sure there are a few excellent RE Investor clubs in your neck of the woods in Arizona.I would seek them out and start attending,,,Best RegardsDave DoyleMonrovia Calif

Normally there is a protection period built in but if you re-list then the protection period goes away.What the protection is for is the brokerage getting the buyer and the seller wants to terminate or withdraw the listing and do a back door deal etc.