Mine is at least $300/month)2 - You have something to do with that cash from the refi...that doesn't include spending it.3 - You reinvest (this isn't spending it) the cash out from the refi into your next house.If all three conditions are not met, then I wouldn't do it....until all three are met, then I couldn't do it fast enough.Joe V

Calif.) for my market these are the mechanics that have worked for me:•Establish the criteria for my previously qualified Buyer (REO’s, Short Sale, Price range, area, type of property, etc.)•Talk to Loan officer about: Down payment, Closing Costs, Rate, Monthly Payment, type of Loan. •Set up my local MLS with client’s criteria and the system will automatically select properties.•Revise properties manually and start showing to clients.•Once my client likes a property, then I work getting comp’s, client gets estimates for Repairs (only if property needs).•Write up an offer taking in consideration the points above mentioned, Lenders in some cases are asking for cross-qualification, before submitting an offer.•If offer ends up as one of the finalist (only when the property is price right), Lenders gets back with a Counter Offer and Sellers Addendums.•If your Agent keeps communicating with Listing Agent and responds fast, then you’ll get your offer accepted, after that time to get in Escrow.You may need to call local Buyer’s agents before you decide.Noe R.

Just as the prices rose so fast in Phoenix, Vegas, etc and rose slow in other parts of the country, I think the ultimate recovery will follow a similar signature.Personally I hope that we continue to have these incredible bargains for a while longer.

Hope it sells fast for you.

IMO, The math works pretty good on that thing as presented. 94k in to gross $27,600 a year will get you in good financial shape fast with leverage.

Properties seem to be moving too fast and the thought of waiting to access a property when my schedule matches up with my agent just doesn't sit well with me.

Hi all, I could use some advice from those who have been in this situation.

I am trying to get a particular parcel under contract with an out of town seller. My goal with it is to wholesale it to a develop...

He is moving to oversea and want to sell his house fast.

They have list of what is left in assets, home and $25,000 ins check, and I have to show them accounts and do an inventory at 6 mos and one year.I WISH we wouldve taken time to research, but it happen so fast.

Wayne,Thanks for the insight to the other side of the fence, this is why I want to be open and honest with agents that I am a wholesaler, however i have an extensive buyers list of agents who will shop with me and I have every intention to close and fast.