The risk, obviously is that if an inspection reveals something major, it could delay and further complicate their ability to sell the property.So I cannot buy the property until I have the inspection that I'm not allowed to have.... ?

Hey William,That's a very complicated question.  

Long term, I still consider Louisville to be 'home,' so I have no intention to sell.It's not without its complications.

It was too complicated for the cops to understand.

The part that had me puzzled was that he was going to have his title company send the funds to buy a property I hadn't closed on yet so it would have complicated things a little.

I am keen on leveraging on that benefit without using any of my personal money.Now I have been reading a fair bit in the forums and the lean is to start simple and not over complicate your business.

Couple of them suggested to apply for rezoning since the sub-division condo's are  located on the right side and as on the back of the lot.Could you please help me understand the process and how complicated to make it happen.thanks.

@Michael Hurdle If you involve a realtor with your whoesale deal, you more than likely will be paying the realtors fee out of your assignment price, wether you charge more for the deal or still sell the deal for the same price you have it currently marketed at, is up to you.I do not think it will complicate the deal to much at closing, but you have to make sure that your title company is on board.

These can be complicated arrangements and if you're not aware of release fees and payoffs along the way you can get stuck easily.

The reason more people are not doing it is, in my opinion, because it is fairly complicated and carries significant risk.