There are some, but probably not enough to make it worth the hassle.Investors are still using tried and true techniques to find good contractors for all the services they use top to bottom.

Selling of either LLC's or Land Trusts are techniques to circumvent deed restrictions and assignment prohibitions in wholesaling REOs, but banks have tightened up in terms of what they'll take as acceptable POF, have they not?

I'd give $10 option payment.An added technique is an Equity Split.You lease w option from seller for $319K at a reduced rent (get 20% spread of market rent and the rent you pay the seller).You guarantee him a minimum profit of 3% ($9,570) when you sell plus his $319K.You tell him you will add a bonus of 10% (you could offer more) of your NET profit at closing, which will be a minimum of $2000, which ever is more.

Many people thank me for helping them in the forums, I want to thank BP and Josh for this incredible community that has done as much for me, if not more, than what I am personally thanked for.BP Nation Rocks!!

L-S-S: he has been incredibly rude to me and has had work (not-urgent) done w/o my consent - violates our agreement.For anyone who is an out-of-state or 'remote' landlord: do you hire a property manager or manage your properties remotely?

I knew a little about wholesaling back then, and to be honest, there might have been a few new added or tweaked techniques, but for the most part, I dont believe it has changed a lot.Thanks for the welcome.

I'd guess you would need more like a million for the down payment.Expenses that are 10% of gross rents seems incredibly optimistic to me.

It took nearly 8 weeks of negotiations with the seller; 6 weeks to select the right fire repair contractor; 6 months of vacancy; and countless incredibly stressful situations, but it's over and done with and I feel we have an great asset added to our portfolio.

I was really hoping for one of those buying techniques I read about on here where I'm lost by sentence number two.

Hi all, I want to say that I appreciate this incredible website and the time and energy that has gone into each and every contribution.