What kind of statements do you need to present – tax returns or more detailed pro forma statements.

What are the details on your deal?

That is why they have things like quality of collateral and revenue milestone clauses in their notes so they can call the note or replace you as the manager long before the borrower is seriously upside down in the deal due to declining values or company revenues.So, in short, unless there are some details you haven't shared the consensus is you are not likely to get the loan you are talking about.

Here are my observations:1) You have to get a bigger discount, whether you're wholesaling or not2) There appear to be fewer buyers to wholesale to now who have cash, so work harder at building a list of real players3) Private lenders are a little more wary of loaning on real estate, but you can just show them in more detail how you buy at big discounts and they understand.

I have done some lease option/lease purchase and it is one of my favorite strategies when selling (especially in the current market conditions).The key to a successful lease option is details you use in your contracts.

Details are under the thread: "What would you do"

I'll give some details .....

Hi StephanieThanks for the welcome :)PM me and we can discuss Dubai in detail.

Here are a few details on this place:REO4bd/2ba, 3 years oldasking $67K ($3k est repair needed)comps show an average of $79klocal rents average $1300/moIm thinking $60k is a little on the high side for this place.

There is already a detailed thread on DPA, do a search to find it.As far as reserves, that is a broad question without having the details of the 6 unit.