Lock up the house with one lease purchase that allows you to sublet, and lock up the other lease purchase.

It will run out your buyer's lock on an interest rate, but they could apply later too and close within 90 days.Good luck....

To lock this up we need to make an offer.

Replace front/back door locks Another 5 minute job for each one if no re-keying is involved.

After all, the seller is locked into selling, at the option of the buyer, and may generally not offer the asset for sale over that term.

Yes I have been looking at flips in my area also.There is a bunch of competition as well but there are always deals.One that looked really good was gone in 3 days in my area.Of course it's the weekend I had a business conference to go to out of town.It seems stuff like that always happens.In what I call BUBBLE MARKETS such as Cali and Nevada many purchasers are speculating on the next ramp up.It's not as much about cash flow as appreciation.Home buyers see it as a way to lock in low rates and when the cycle comes back up do the cash out refi game again tax free.What I am currently looking at for myself is velocity and time.I figure for a residential flip say I made 25,000 profit in 4 months.That comes to 6,250 a month.Now if I closed more commercial real estate transactions then my returns would be greater.I am looking at doing a flip versus say buying a franchised restaurant business.I know the restaurant business.I want to acquire income streams but work on but not in the businesses daily.For me it becomes about allocation of time versus risk and income potential.I would like to acquire some commercial properties for my long term value add portfolio.

Another issue I have is I was charged $140 for a locksmith fee at closing to have the locks changed.

Its better to lock in at these crazy low rates for 30 years as its the cheapest money you'll ever get.

I just tried it this weekend for a wholesale deal I locked up but the result was a bit underwhelming: 3 families showed up Saturday and one of them put in a bid that was lower than my contract price with the seller.

It requires cleaning up title and dealing with a bunch of siblings that are just trying to cash in.If you just get it locked in contract with an exit clause, you can bring it to BP and ask for advice.