THey take advantage.Do some research on properties around yours and maybe even yours and you will find many examples of properties losing the majority of their value from 1 transaction to the next.

You can buy options on these fairly easily.

I'm sensing hostility here, you need to lose that, it makes no difference, the facts are what matter, compose the issues without the personal issues.I'd suggest you not speak to him at all until you get legal guidance.Yes, if hundreds of deals are involved and these are consumer loans it could be a very big deal, so get to the proper authorities to make a determination.Good luck

It's a 2600 sf home worth 92k the owners owe 81k ( so there's some equity) if they sell they'll lose money...they live out of state and they want out!

And I mean something that can be wholesaled easily for a few pennies on the dollar.

I could buy 2 100k places in cash, but then my returns are lower as I lose the ability to leverage my money.

How do I overcome the fear of losing it all on my first deal to the point of bankruptcy?

You will also lose your escrow money if you don't close.

I agree if I sold all my notes today there is a chance, I will lose money.

He would lose money on that deal.