Last thing, if your land is a real deal and still need another alternative for cash....consider MEZZANINE or BRIDGE financing.

Basically, I'm looking for suggestions from the BP Action-Takers...so I can get a couple alternatives to closing the deal.A member responded to me directly and mentioned I should go around the seller and just buy the NOTE.

That's only one alternative.

I have seen countless others spend YEARS reading books and getting ready to get ready.

Otherwise, nothing is worth the alternatives.

The alternative is to use hard money, private money, etc., and buy it yourself for 40k, lease it to the buyer for 90 days, and close after that... then you could resell for 75k or whatever without the 20% concerns.Nick

I didn't want to be a landlord right away, even if I could, because I've seen in countless times from my parents where there's some awesome hidden expense for something breaking and you have to hire someone or go fix the problem yourself.

Read my post here for an alternative idea:http://www.biggerpockets.com/forums/93/topics/34139--how-do-you-wholesale-a-building-Your votes are always appreciated :cool:

Targeted buyers are primarily those who do not want to be bothered by external maintenance typically associated with home ownership, sometimes because they only live in the patio home for part of the year.[1]There is not usually a legal definition of a patio home, and some houses called patio homes may alternatively be marketed as townhouses, garden homes, twin homes,[2] or carriage homes[3].

This just seems like a better alternative.