The second alternative is to find another source of cash or collateral.

Direct from the Source.

Now, the thing is, should we choose to invest this chunk of cash into a Texas or Midwest property, which none of us know anything about those areas, it would seem according to multiple sources that our ROI yields roughly the same numbers, in either the flip scenario or buy and hold, but...We end up with a much nicer home in a better neighborhood cashflowing about the same on a property we can pay off in two years just or less (40-60k properties) that have a much slower appreciation, but obviously better income once paid off.ORWe flip a house using way less financing, and inevitably decrease the risk of a flip gone wrong.That's our 20k dollar debate.

(a dry closing is where you don’t actually have the funds to purchase the property, but will be provided the funds by another source the same business day, usually from a 2nd closing)4) Do you provide lists of NODs, probates, and absentee owners?

It's Miami-Dade county and I am going to try to get in contact with them to get more information from the source.

Do you have a funding source in place?

It seems like a very good source of business for me.

For example you can not finance properties with health and safety issues for example no heat source, no flooring, broken windows, no stair railing, no smoke or CO2 detectors, pool with green water or empty, bars on windows that do not have safety latches and other things.Q.

If you want the best possible deal and they are happy with 10%, I would give the investor an equity interest since you'd likely have to pay 10% for debt financing from other sources.

@FRANCISCO YCAZAYour local REIA's can be a great source for cash buyers and fellow wholesalers and private money.Paul