If I don't spend that money every month, whether I get a deal or not, if I let the fear of losing money keep me from doing business, I might as well just sell all my houses, put the proceeds into government securities, and go get a cushy job working 9-5, 5 days a week, with good health benefits, a soft chair to sit in, and hopefully some kind of pension at the end of it all.If I had $5,000 sitting around and the fear of losing it was keeping me from doing anything, I'd just spend that ****.

Because wholesalers were guru taught, lack skills and knowledge to justify the value they might bring to a transaction, they think they have to.  Well

It's a good thing that original kitchen was well stocked with paper towels!

In general, I've always thought of (and seen) luxury suffering first and then that softness moving down to middle and lower tier properties.   

I agree with @Jay HinrichsThe high touch, soft skills, face to face skills (belly button to belly button, Tom Hopkins :))I used to present to group lawyers for D.I. and Life Insurance Defined Benefit Plans, bunch of sharks, not for the squeamish. 

If they speak softly, you should too.

The moment anyone even mentions "house" I pop up with my leopard skin towel around my butt swinging from tree to tree, in their heads !

Mind you I HATE wholesaling, but not because I hate it will I discourage people doing it, because the fact is... it is a SOLID strategy that actually is the fastest way to build capital to .. well whatever you want with it.Ohh ... not everyone wants to own property.. it is a liability.

Perhaps that is why Rod Khleif lost $50,000,000 in SFDs in 2008; the idea of throwing in the towel just didn't occur to him.

I think it's time to start looking at hard money, and call your lender back up as soon as your husband has his first paystub in-hand at his new job.You may want to ask your current "soft" money lender to speak with the HML guy and/or maybe even show the actual loan approval, loan application, credit report, etc, so he has assurances that you will be refinancing out of the hard money as soon as husband is back on the job.