Hopefully it won't cause you to lose the other new tenants that you like better.

I've done a lot of deals and we're confident that I will be able to pay him back, but we don't know how he can legally invest this money with me in my flips without losing the tax deferred gains that he has in there.

There are certainly times when showing a home before it's complete is the right thing to do (we sold 2 of past 3 houses when they were torn down to the studs), but this is the exception, not the rule.Most times, showing a house before it is fully completed will result in losing the buyer and not having a chance to recapture them (hard to change a first impression).

If anyone is easily riled and they attempt to collect payments and get hot under the collar, realize you can lose your investment.

Some act too quickly without learning first and then find themselves losing money instead of making money.

But I would assume you could just as easily wholesale a short sale deal as you could anything else.

Sometimes these loans can take time to complete.Additionally, you need to make sure that all the paperwork is complete on your end and that there are no lose ends that could unravel under VA scrutiny.

If that happens you lose.

That being said, how many inspection fees will you pay out to find a good home and then lose the bid?

$1300 could easily get you a spacious 3/2 or 4/2 SFH in the lower income to working class neighborhoods here...in the more sought after areas it might get you a 1000 SQF bungalow or a 2br condo