The home prices could be argued to be overvalued, so I wanted to look at alternative nearby towns.

More so networking with wholesalers to increase the amount of flips I can do by buying from wholesalers.Also interested in meeting folks and learning about alternative financing methods, including but not limited to HML, PML, etc.Hope you are all enjoying your weekend, look forward to chatting with many of you, and please give me a shout if you'd like to connect in person in the SF Bay Area.Thanks,David Sanchez

Alternatively, you can set up a simple Word Press blog site using BlueHost or HostGator for ~$10 a month.

I guess the questions are do the want to invest thier money for a return, are they looking to play real life HGTV are they serious about a career alternative?

For the first deal, I'd rather be too conservative than the alternative.

There are plenty of nice looking countertop alternatives.

Paying it is a cost of acquisition paid out of closing, if it's not disclosed on the HUD or settlement statement then it is a violation, it also throws your tax filings off, it throws the depreciation off, it causes tax issues and violates settlement procedures.The birddog gets nailed for collecting it under the conditions mentioned.Why not put your birddog in your LLC, a limited member or employee and pay them for work accomplished, close in the LLC name and declare the cost on your books.There are usually viable alternatives to achieving a mission legally and ethically with just a bit more attention and effort. :)

I've never seen it happen, but...There are lots of reasons a seller would be open to this including: quick close, work needed that they don't want to do, tax implications, a better alternative to tenants and landlording if they are unable to sell, etc.I have found that it is rare to find a seller willing to finance a full term mortgage but instead are open to 1-5 year carries with balloons.

One great alternative is to buy with an LLC and get commercial financing through a local bank.

So we are not on the same page when it comes to how much his house is worth.You bring up a good alternative but in this case because the owner thinks his house will sell for higher he is more inclined to an agreement where he gets the upside after I collect X amount in profit.I am not saying this makes total sense...but thats what the way he is looking at it....so was wondering if anyone ran into a similar situation and has ever structured a deal in this manner.