If you thought that was just a one-off issue, think again.

I’m looking to buy and flip a property whose ARV looks improbably high, but the wholesaler says he could only find one comp which justifies his number.

Another option is to buy an extended warranty - just check the fine print as many are borderline scams.

Are you new to investing or do you have a few years under your belt?

Quote from @Emory Clayton: From what I can tell, and my personal experience, you will have to lower standards so the Section 8 applicants can qualify.I'm not a fan of Section 8 because they tend to be far more problematic than tenants that pay their own bills.

My understanding is that most lenders will file a mortgage lien on the subject property as soon as the loan is signed so as to preserve their rights, but what if the lender did not do so before the borrower defaulted?

Hey everyone, new to investing in RE. 

If it is not in the contract, the contractor has the right to believe they are not responsible for it. 

An assignment is part of the wholesaling strategy.You get a property under contract below market value, let's say property ARV= 400K.You get it under contract for $150KKYou ASSIGN that contract to a cash buyer for $250K.Your assignment fee would be (roughly) $100KThe assignment is part of the wholesaling strategy.1.

Although they don't represent you, they should have the legal expertise available to guide you in the right direction.