Hey Sean, I would first look at the cost of the loan.

It is also a good place to search for information about a lender to see if they are legitimate or bogus.However, because the site has no supervision and essentially no webmaster to moderate the forum, it has become a total free for all for the most unprofessional, trash talking people you can imagine.

My $10k example was admittedly unrealistic.However, by way of further background, @Dustin Heiner wrote an excellent article on this topic on his website masterpassiveincome.com titled "What to Do When A Buyer Backs Out From An Assignment Of Contract".In it he suggests a scenario where the assignee decides not to proceed, perhaps after discovering a big ticket repair item that would cost significantly more than the portion of the assignment fee held in escrow. 

Partner Driven was attracted to the Springdale Forrest Circle deal in Gainesville, GA, due to its potential for a high return on investment with minimal renovation costs.

Keep in mind renovation costs will need to be cash aside from your down payment and closing costs - I'd create a healthy buffer here.

But intend to keep your word to the seller by making their payments at all costs or selling the wrap for a high enough price to pay off the underlying. 

This would be called a standard "refinance".Feel free to ask anything else.  

This will "free up conventional space".2.)

Before wasting time looking for properties or spending a lot of time on projects, they should make sure they can get the financing because a) financing might not be available, b) they might not qualify or c) the cost of debt might be prohibitively right.Another mistake investors make is believe that they can apply a US strategy or financing model overseas.

Partner Driven was attracted to the Seattle Street deal in Modesto, CA, due to its potential for a solid return on investment with minimal renovation costs.