Using an IRA as a loan extension tool is prohibited, that's IRA basics so there is no workaround no matter how you structure it.

@Simon Stahl  go around both of them.. if they can't get their act together.. simply find who owns it and make an offer direct.. unless your a really high volume buyer who is relying on these folks.and also Account Closed  it is illegal in CA to act as a RE agent without a license. the ability to assign contracts is a very narrow one... which most wholesaler simply don't follow so they are violating the laws.. there is a tab on the BRE CA website to report unlicensed activity.  

We live in the Palm Springs area, love off-roading, camping, basically any kind of adventure, own a carpentry business, and have two dogs.I came across this site as I was looking into real estate and flipping homes.

I just need Basic Knowledge about wholesaling, and what contracts to use.

Representing both buyers and sellers. 

Although my company is not based in WA, we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S.Best of luck and continued success.

If it's a high rental area which most "not nice" areas are, then you are going to be hard pressed to find a buyer.

A majority of all those RE acquisitions were closed without basic RE fundamentals as part of the deal causing them to play a major part in the housing crisis as they were not structured properly and/or in fragile portfolios that quickly crumbled with the first sign of trouble.Flash forward 10 years to 2016, minus the banking industry’s participation, we are seeing the same industry practices that played a major role in the last bubble.

Basically: Craigslist, Loopnet, CoStar and signs/banners.

@Alex Craig  unfortunately the cycle in these price point homes is just a rinse repeat cycle.. burnt out landlord syndrome.. local wholesaler investor snags them from out of area buyer tired of losing money.the chances are greater than 99% that htis person will never make a dime first 3 months his cash loss's will equal 3 to 4 years of cash flow so he will never catch up... and now he is stuck.. property as it sits is probably not worth more than 15k or so to a local wholesaler / low end turn key buyer... sad but true.And its why I always preach on BP buy the BEST you can buy not the cheapest.. the cheapest in the midwest markets is only appropriate for locals that own lots of these and do it for a living.. these are simply not appropriate for out of area passive investors they get killed financially .