Been a while since I said anything on this thread.1) The ethics issue - It's like the old moral problem from college philosophy and psychology classes ( can't remember the name) would you steal medicine to give to a sick child.

President Obama, may I have health care so I can live or would you like me to just have pain medicine and DIE?

Now is this just for HELOC or even traditional Subj2 deals?

The 90 day hold does pose issues with traditional shorter term Transactional Funding.

State laws are not being applied uniformly to retail sellers of manufactured homes or personal property-only finance companies as compared to the application of the SAFE Act to traditional mortgage lenders.

You will occasionally find a traditional wholesale deal come along but there are a massive amount of REO's here in FL to capitalize on.

This is tactic is frowned upon by almost everyone in the real estate business so I am not surprised this is where you now stand.As for the attorney covering some of the buyer's CC, there are some costs which are traditionally split or covered by the seller.

Your father-in-law is right.You may not have a traditional product to selling, but you are selling space.

You have an inspection contingency and when you receive the inspection report, you should include a repair estimate along with the submission of your counter offer.It is exactly the same as a traditional sale, but the lender, in the case of a short sale, can reject your counter-offer.Of course, the listing agent may not want to go through the extra steps that are necessary and you may have to wait additional time for review, but the fact is many lenders will allow for necessary repairs.However, keep in mind, if your already buying the house at a discount, your less likely to get concessions from the lender.

So far, no answer.There are times when a Quitclaim may be useful, but not when transferring property from seller to buyer in a traditional property sale.