The only thing I’ll tell you to be cautious on his pre-payment penalties and making sure that the seller is receiving your payments every month.

Cancel the deal and secure the EMD you paid.You do not provide why you switched lenders or why you were not pre-approved before you made the offer.

So far, we are sticking with our original plan to gut the bathrooms down to studs and rebuild, new pre-hung doors, light fixtures, flooring, and paint throughout.

That’s sweet you were doing 1031’s pre-1960’s.

It might be a bit pre-mature for this thread and please forgive me my naivety...

Is there someplace else where you can obtain a full pre-foreclosure list, as the courthouse provides a partial list, only...isn't that correct?  

Got approved but W2s are not showing gross income on box 1 because of pre tax healthcare deductions.

In fact, the rehabber we met today used to sell finished houses in the exact area for what he's paying for this one, pre-rehab.If you made a sensible loan, I'd bet (hope?)

This has proven to be a very challenging and cumbersome process. the more I get in to this business the more I hear that pre-foreclosures and distressed owners may be a better allocation of my time and efforts.

@Chris Clothier  I think the biggest disconnect in this arena of wholesaling is that folks just under estimate the back end work.. and at the end of the day its sales and marketing.. and if they are not proficient at that and have some closings skills etc.. no program is going to bring them to the promise land.IN the what ever its worth category.I grew up in the land business which is pretty much like wholesaling.same process only the lead were generated by door hangers.. and there was no internet so you called and made an appointment.if you ever watched the Movie Glen Garry Glen Ross it was that exact environment EXACTLY.So my dad would have 30 sales men and he would hand out the leads for that week.it was funny some guys would just stare at them.. and they would pre judge them before they even talked to the folks.