In my opinion, it is perfectly valid to change your criteria later too.I really wouldn't worry about it.

@Gilroy Buller , I am not licensed in your state so my thoughts may not be valid, as state laws can differ widely.

I thought I had to have an EMD to make a valid contract.

If you get a company that provides a transferable warranty, that will also go a long way to satisfy your buyer.

Price: $105,000 Down payment: $26,250 Closing costs: $400 Monthly: Rent: $1300 Vacancy (8%): $104 (1 year guarantee, but leaving this in anyways) Taxes: $210 Insurance: $100 Maintenance: $100 (1 year home warranty, but still including) PM (9%): $117 HOA: $38 Mortgage (30 yr @5.25): $435 CF: $196 Annual NOI: $2352 Cash on cash return: 8.8% Appreciate any feedback!

You can certainly have other agreements concerning the assignment, warranties, inspections etc, but the new buyer assumes many of those rights under the initial sales contract.

All of the posts about crowdfunding raise valid points and concerns, but there is one legitimate group of us that could potentially utilize crowdfunding as a platform if the opportunities present themselves.

Some rules are fine for a quick glance, but you shouldn't base deals on any rule, you should be able to look at the data, know what to expect and figure out each potential deal.I know we have advocates of rules here on BP and they may be valid in many areas, I know they aren't everywhere or in every deal.

Any fee paid needs to be validated and revealed on the HUD-1As for wholesaling : It is illegal to attempt to sell something you don't own.

Here are the numbers:Purchase price: $447K Downpayment: 25% (111.25K) Monthly mortgage payments (4.75% mortgage): $1749/monthTaxes: $1,120 (estimated)Insurance: $200/monthadvertisement: $100/monthProperty Management: $414/month (9%)Repair/Maint: $0/month (1st year warranty)Rents: $4600/month (it is fully rented)Any thought on this would be much highly appreciated.Thanks, David