Look up the author, Griswold, and you will see he is legit in terms of experience, owning a management company, degrees, expert witness, etc...

If you're that big a risk taker, take the money to a casino and put it on red.If you're roof collapses and your furnance dies, where are your cash reserves - then your tenant (who will be a pro at this in poor neighborhoods) will withhold rent for unacceptable living conditions.Be careful and stay away from sales pitches.

If there's no legit reason why your seller is behind 40 months, the bank's not giving them a short sale.

His offer is lower than what I think it COULD sell for, but I am totally ok with that just to get cash and be done, I will still make a profit for the tax-man, ugh.Anyone willing to help with the process I will need to go through to make this a legit transaction on my own?

I cannot speak to if any of them are legit or not, as I have never purchased any of them, but I will give you my personal opinion on the matter.

The buyer understood but started to question if this deal was legit.  

Heck, I do sponsor a child overseas for $30/mo  thru planusa.org for going on 5 years now and I do see to it that at least 15% of my income does go towards legit charitable causes (mostly overseas) each year. 

each state is different however CA OR WA were VERY proactive and early adopters of the crimes against those losing homes by wholesalers ( with bad intent).. ergo the laws.what you ran into is FEDERAL law if you buy a courthouse steps with a tenant in place that has a legit lease and they pay on time you have to honor the lease you may not have known that when you bid.when you buy sheriffs sales there is no equity skimming laws.. perfectly legal and acceptable to buy at court house steps..

My situation is a legit reason that things are harder, yes, but I do know it is not an excuse for not doing it.

Our Gurus to Avoid forum is legit and verifiable and fair... unlike what I have read here.