I'm a newbie, so I must admit I'm a bit ignorant on either schools of thought in relation to replacement value.Mike

This isn't close to any deal, it's what you'd do as a favor for a relative who needs out.

I have a similar backstory and totally relate.

@ Eric_Blanchard - I'm still relatively new to the business of real estate investing.

I assume you can't structure your trading income as a salary with a bonus relative to profit with the person providing the capital (and maybe a forfeiture of salary if you don't make anything..)?

@Carlos Ortiz Have a joyful, health and very prosperous 2014 and thereafter.

I would make sure the new job paid me as much or more than I'm making now, of course.I don't think this decision really relates too much to you being a wholesaler.

An ETF is traded just like a stock, and are usually highly liquid, so you could get your cash back when you needed it relatively quickly.

. #4 I think a local realtor could also effectively weigh in on the value of the property as it relates to the school (ie resale value after flip or down the road).All the best!

There is some situation in their life that is creating motivation (health issues, financial problems, job loss, death in the family, divorce, etc.) that results in the desire to sell their house quickly for cash without making repairs...