Let me know if there is any more information I can provide, I have had this kinda dumped on me and am scrambling to understand what this process is and how I can help my parents out.

Acquisition Fee: This is on the low end.

Seems like we’ve been wrong in this endeavor as much or more than we’ve been correct.  

And some lenders will let you pay the interest by drawing down on the loan.

Hi all, I recently purchased a guide on how to wholesale properties.

@Tanya Maslach try Padsplit.Only other option is to try to "bribe" a PMC to TRY it by offering to pay them more than their normal charges.Managing a Boarding House (room-by-room rental) is not as easy as owners think.

.- Non-refundable EMD: For the most part, we are fine with this provided we receive marketable title.

Neither is taking on new landlord policies in Texas or Colorado (where my property located).  

You bought this for 720k, then put in 463k, and are selling it at a huge loss for 751k?

This plan was going to allow me to cash flow but was going to take more capital to complete.