I've had a very interesting proposition for a new on the market, higher end, flip property.....A buyer, due to personal issues, has bad credit - but cash in hand.

Low risk and potential to make a sizeable return without using credit or very much cash makes this a very attractive way to invest in real estate .

For the actual payed background and credit, I use mysmartmove which charges the tenant directly.

I am thinking that I would do something with a small monthly rent credit (maybe $100 off?)

I'm using something similar now, i'm purchasing everything on my cc now for I can have cash to close and rehab my property under contract, property will be in my fiancée name, so i'm using up my credit.

I did realize pretty quickly that maxing out my credit cards was probably not the best way to manage my real estate investing, so I canceled the mentoring within a day and got a full refund.  

Be prepared to bite the bullet.

Would you sign him if he got a cosigner with good credit?

I need some of your inputs to determine which offer below would give me more profit or benefits from tax perspective. 1) First offer: $400K, which was what the listing price is for my property, with no closing help.2) Second offer: $412K but with $12K seller credit for closing help.

We all want to be completely prepared before going in.