That is a caution to the creative minds out there.As opposed to a sale contract where both parties are obligated to perform, an Option is, at the election of the Optionee, they are not obligated to perfom any function or act.A contract that is contingent on performance of the optionee is not a true Option Contract.

How many calls have you received from borrowers who needed last second money because another lender flaked out and didn’t perform?

I take issue with that; I think I am performing a real public service by giving people a place that's safe and decent.

Depending on what your goals and strengths are will greatly influence the best strategies you should employ.I agree with Ratho, Dave Van Horn has excellent info on non-performing notes.

Wholesaling using a double escrow is just one technique.You can use an option or an assignment.Is it unethical to deliver a solution to a seller who has a problem & you perform as promised?

When you double close with transnational funding, do you have to pay DOUBLE closing costs with the title company or is there only one set of closing costs.Also how much do transactional lenders charge, is it a % of the sales price, and how much is the cost typically?

Being able to perform complex math formulas won't mean you'll understand accounting, that's pretty much basic math.

An investor purchased it, performed a major rehab and sold it for $400,000 which was due to the fact that it is a high-value area in Fort Worth and the recently sold comps verified the market value of $400,000.

If you have a corporation which allow you to deduct business expenses do you still have to go through the process of performing a 1031 exchange on your profits since purchasing another investment property is a business expense.

As an installment sale, the asset is owned by the seller until performance of the buyer is completed.