Big red table cloth flag!

*You need to have a rental criteria*You need to have excellent curb appeal*You need to have an appealing open house, application forms, good setup, with card table and chairs, pens and paper, receipt book, etc.

You have put the "investor" facilitator in a position of acting as a mortgage broker and a lender funding the transaction, basically at the table.

But I'm seeing more and more with my interactions with other investors that they're simply lacking in Salesmanship and leaving literally $thousands$ on the table!

The seller will agree to hold a second if I can get funding to pay off the mortgage and he leave the table with 20K.

This is a tough one, and probably a no go without cash to bring to the table.

I do think PC are better suited for large lists that can be touched time and time again, and typically hitting pre-foreclosures is a shorter marketing time table because of the looming sale.

Last, so if I were to bring an interested party to the table if (Seller would be interested in doing financing, would it be good business to ask for a referral fee, or do it just as a give away, in hopes of getting future business from the interested end buyer, for future wholesale deals that i have or will have?

If you decide to do both, it's best to lay it all out on the table in writing to prepare if things do go wrong.I've known others who have done deals with their contractors.

take your gains off the table and releverage into something bigger you earned it.ps tell the wife that having that much equity in the property is a huge liability esp in sue happy ca