You tie up the property, then assign the payments to a buyer with fair credit but can afford the payments.

I wonder if he tied it up with no money down.

I have $5000 tied up in bank accounts that I can't touch because I need that buffer money for closing...If this week goes by and I can't close I will be forced to pay my contractors with that $5000.

I have read several studies over the years that have looked at tax rates and the economy, and as I recall, none of them were able to link high or low taxes to an overall stronger economy.

If it goes up to, lets say, 200K five years from now, your tenant-buyer will have 30K in potential equity, and will be in a stronger position to "cash you out"!

Holding costs and missed opportunities not to mention the fact that a delay of one week five or six times can keep your capitl tied up while it could be working in another deal.

I consulted my attorney about backing out of a FNMA deal before (we were 5 months past the contract date and I had over $40K in EM tied up), and my attorney reviewed the addendum and said, "I could see a judge ruling either way on this one..."

No wholesaler is going to want to tie up the property with you before the end buyer has seen the property and has pof, and is prepared to move forward.You could get a flex option signed by the wholesaler, but a lot of them will not take you seriously.

Now if you were to buy it cash with no mortgage payment it will cash flow but you will have 400k tied up in it so how long will it take you to get back the 400k?

If you can't tie up escrow money and show Proof of Funds for the amount, then don't bother working Realtor listed Short Sales.