If your original contract is written well it basically give the seller the right to keep your deposit as their only recourse, so you are at risk of your deposit.

If you look at debt as a scalar and think you and infer anything about risk, you don't have a very good understanding of some basic investing concepts.I realize I'm not going to change anyone's mind on this forum, but I appreciate all the good conversations about debt-free investing versus borrowing.

In any business including real estate it is good to plan and think ahead but it is more important to focus on the basics and what you can do now.

Ideally you wouldn't have to rollover your profits every time and just use your start up capital, but if you don't have that capital you are basically rolling over your profits to put together that capital and then maximize your profits by financing your own deals.

That's basically why.Now for some details.

I just signed up as a new PRO member today and wanted to introduce myself to all of you.I've been a basic BP member for some time now, but after listening to the BP podcasts over and over again nearly every day I finally figured it was time to "go pro" now that I've decided to take my real estate wholesaling and investing business to the next level.I'm looking forward to meeting as many of you as possible and learning from the other PRO's on the site.

A lot of the sellers of inexpensive properties don't even have websites, but here is one that does and tries to basically be a 2%/mth provider:http://www.morekc.com/bin/web/real_estate/AR192746/ACTIVATE_FRAMES/HOME_SEARCH/Grandview/1360256842.htmlA company with mid-priced properties at weaker rent yields:http://midsouthhomebuyers.com/mshb-available-properties/And the higher end, at still weaker rent yields.http://www.gainvesting.com/Properties.aspx?

It basically says to put property in a land trust and make a Nevada LLC the beneficiary.http://clintcoons.wordpress.com/2012/05/11/for-california-investors-the-solution-may-lie-in-nevada/

Get the basics here for free and then you can better judge whether and with who to spend you money on coaching.

This is predicated on two basic variables:- What will it be worth in a fixed-up state?