I'd say the risk is very low.

Although i t will be me taking the financial risk. I

Since I started expanding during the meltdown, reselling too risky.

I think if you are puttin up 2/3's of the capital and you are providing the financing you are taking alot of the risk. I

There is a new Charter school and playground and a neighborhood garden as well.This lady is obviously no dummy and has called numerous people she found on the internet including Homevestors and got offers ranging from $15K to a high of $27,500 for the property. a RE agent told her $30K to $40K.I looked at the house and talked to the guy next door who is building a new house and to me it was a tear down and rebuild proposition and no possibility of wholesaling because of all the folks she got involved.

Flipping properties on your own after reading a book, despite how good it is, would be a risky way to go.

if i have a clause that allows me to back out of the contract if i cant find a buyer doesnt that bring in 0 risk?

also, would that clause be my exit strategy?

The biggest risk is that they likely don't have insurance.

Its just risky as to whether I can get those deals and pay those cards off within 12 months.

Some look at using credit cards as risky, but I see them as a tool if you can be responsible and use them to your advantage.