For properties in demolition court...you have to have a way to help those people or else, the property will be demolished before you can even wholesale them.Lastly, for sources that are available to others like HUD and the MLS, you have to have a source of competitive edge.

Is this competitive?

I was set on Sacramento for investing but doing more research tells me it just isn't right unless you have competitive advantage that others don't. you're money will go further our of state as well.

Often times we're buying property where either there is no buyer competition or the property is not for sale.

Basically, if I put an offer in now, would there still be all of this paperwork and would the bank still require it to be listed at a market price to promote competition in their best interest?

If the buyer receives some payments from the borrower and the seller covers the remaining unpaid amounts through the warranty, there shouldn't be any losses to justify any real enforcement action.This analysis changes if the seller assembles a pool of notes and sells fractional interests in that pool OR raises a pool of money by selling equity or debt for use in purchasing a pool of notes.

I fear that this type of question is one of those trade secrets that people might not be willing to share, like a competitive advantage.I look forward to your response.Thanks

That also means quality housing going with FHA.Brian, I know you deal with nicer homes, loving the better schools as a competitive advantage, that's a good way to go.While you don't have a question and asked for a comment, it's an opportunity to say that conventional financing programs are the keys to the doors in residential housing.Installment contracts must begin with conventional loans in mind, the ultimate goal is getting a buyer to meet lending requirements.

Since you're getting into wholesaling, here's a blog post I wrote on how to stand out as a wholesaler:http://www.biggerpockets.com/blogs/4430/blog_posts/32194-attention-wholesalers-2-ways-to-stand-out-from-your-competition

In 2008 all my deals were from MLS, but today they come thru many sources....2014 brings multiple offers whereas before there was literally no competition....