Also, you may need to bring your own funds or borrowed funds to the table to close before you sell the LLC which then holds the property.I still prefer the Trust method.Transactional funding - no, not another term for Hard money.

I am skilled and experienced, and have close family that I will pay under the table to utilize their incredible skills.I've got 3 college degrees, a great job thats steady that I plan to keep, I'm stubborn, and have an impeccable skill known as researching and studying.

If these guys have assets that just print money like that, why the hell are they selling it, let alone selling and leaving so much opportunity on the table for equity and cash flow??

You will come to notice that the truly successful investors look for transactions to be a win on both sides of the table.

Regarding what they owe on the property, if you are going to ask that, even if they owe a bit on the property, my mentor has had people bring over $15,000 to the closing table because they were that motivated to get rid of the house.

You have to bring some sort of value to the table in order for these guys to take their time and invest it in you.

Once your situation is stabilized, that is, you have a roof over your head and food on the table, then you can start looking into real estate, nursing or whatever.

It basically gives the buyer the right to back out of the deal while sitting at the closing table, with absolutely no penalty.

There are stories on here that will make you cry but that will not put food on your table.

I agree with John's basic views above, there is much to be said for getting to the table when the food is hot.