This will ensure that you have a serious buyer.

But, if the wholesaler didn't have an idea of the estimate, there's no way he could have known if it was a reasonable deal or not, and if he wastes my time bringing me bad deals, I'm going to ask him to stop bothering me.So, the purpose of the rehab estimate for the wholesaler is to ensure that the deal is a reasonable one, so that you're not wasting your customer's time...

.- As others have said above, ensuring that the buyer is well vetted is very important.

At this point the title company insures title and the closing and you have only to ensure that title is covered and understand what might be excepted out as with any other sale.I believe in all states the Administrator or Executor may be paid for thier services, compensation may require court approval.

I'm a foreigner investing in Atlanta trying to handle everything remotely so I realize I WON'T be getting the best price on rehab quotes I'm merely trying to ensure I'm not paying a ridiculous 50% mark up or anything.

I know from experience it takes time to raise capital, execute etc. and there are a lot of players right now I don't think they will slow down buying they will just lower their criterian instead of 10% net they will go down to 5% net etc.

The key is to find a smaller market that none of the big players know about...but that takes a lot of research and investigation.

Not only that, I don't think my obsessing helped one bit in getting this house moved.To ensure I didn't have a negative cash flow issue (something I have vowed to avoid at all costs) I had to put someone in the home for $1000 down (this just covers the referral fee I am paying the real estate agent who brought me this deal) and $780 per month (my mortgage is $696).

Other cities didn't have the spikes that we had; and, their falls weren't quite as harsh.I've been asking a few of the top players in regional and national positions what their prediction was on this "down cycle."

We were concerned about whose name to put the utilities in, and requiring a utility deposit was the only way we knew to ensure last-month coverage.