Most tie up all their money in the purchase so do not have the funds left over to do their own Lonnie Deals.

I just decided a few hours ago to cut my ties with a certain plug in that promises this and I didn't see that results so I'm not promoting it anymore even though the earning potential is great, I dont promote anything that I can see working for me.

I've seen some around town that are decent FF properties but I'm not inclined to do any rehabs and tie up more money until more qualified financed buyers hit the market.

Nicer finishes will break a tie on which house they will bid on but it won't really make them bid higher.What many people never fully grasp is that no property has 1 value.

That makes it a stronger offer than one where lender could balk.Banks almost always include a short inspection timeline and the associated contingency.There will also probably be a place in the contract where you say whether or not you intend occupy it.

Some of our stronger hard money borrowers are putting "cash with option to close with hard money."

But you are probably right, his money was probably tied up at the time, and he was trying anything he could do to get ahold of it.

You have to buy right so you don't tie up your capital long term.Some asset managers at banks are not currently looking at FHA,Conventional,or VA.They don't want hard money tied into LTV conditions.Rather than taking a chance on finance they want a cash buyer who can close with 100% certainty before the end of the year.When next year hits I am sure the Asset Managers won't mind taking a risk on financing for a longer closing time.

No family ties, no inspiration, and definitely not any of the well-known authors you mentioned.

From more shortsale courses, to tieing property up with subject too's, while applying to the bank for Mortgage rate and Balance adjustments, to more foreclosure courses, to Tax lien Certificates, Probate courses, etc.The Banner ad at the top of this page comes to mind as I write this.