Several ideas come to mind.Find an investor or two with "bigger pockets" cash wise than you do right now and cut them in on the deal.You offer to handle everything like rehab costs and the actual work of getting it done(dealing with contractors,real estate agent,etc) and just let them use their cash to pay for the initial purchase.An out of state cash investor like me might want to get in on a nice deal like that.Another idea is to wholesale the house for a smaller but,quicker profit.Get it under contract for a rock bottom tasty price and sell it to a bigger pocket investor before the deal closes.There are plenty of hard money lenders if you want the entire potential profit .Make them compete for your business.

The bank wants its money,all of it.If it was a bank foreclosure sale it would be handled by the court and usually done at a courthouse or other designated area.The bank will always bid first for the full amount of what is owed and you have to beat it or let them take it back and negotiate directly with the bank for a lower price.If that's not exactly what's happening here I wouldn't touch it with a ten foot pole.Go back to the bank and get more information and verify the bank is or is not foreclosing on the property at this time.

hello everyone , just want to know how fellow wholesalers handle working with and agent that send over some non listed and listed properties . i want to know if the agent is putting in offers for you, do you let your buyers know before the property offer is accepted or after .

Someone I know from my local real estate club told me he is currently setting up his SD IRA as a checkbook SD IRA to purchase notes and have an LLC he owns handle the servicing of his notes.

He handles the books for several RE investors as well, including me.Talk to you soon!

The only thing that bothers me is having the stove as an open end, pot handle hanging over, liability issues, otherwise looks fine.

Of course, you'll need to confirm the revenue and expenses, and make sure that the title, survey and Phase I are clear, as well as get a firm handle on the market, but I would not delay in signing it up with a due diligence contingency.

If you know of anyone who is adept at handling tax preparation and are in the Philly area please send me a message.

I would get him set up on automatic debiting service from his bank account so that it could all be handled remotely.

If we handle this well, this group will continue to be a wonderful network and resource for all of the South East Idaho Real Estate Investors and could grow to serve many others.