You have an inspection contingency and when you receive the inspection report, you should include a repair estimate along with the submission of your counter offer.It is exactly the same as a traditional sale, but the lender, in the case of a short sale, can reject your counter-offer.Of course, the listing agent may not want to go through the extra steps that are necessary and you may have to wait additional time for review, but the fact is many lenders will allow for necessary repairs.However, keep in mind, if your already buying the house at a discount, your less likely to get concessions from the lender.

So far, no answer.There are times when a Quitclaim may be useful, but not when transferring property from seller to buyer in a traditional property sale.

I will warn you, we buy the trailers at really steep discounts, huge, under 20K, usually way under, so unless you can get a really nice one at a huge discount simply buying and selling as in a traditional wholesale may not be the route to go.

No, the Vikings tease, they torment... they build your hopes up high... they get your expectations roaring... then they punch you in the gut, tear your heart out, drop it in a puddle of mud, and absolutely STOMP on it. 15-1, lose in the NFC Championship missing a FG after not missing all year. 41-0 in the NFC Championship... field goal range INT in the NFC Championship...

I still wonder if this is the best way to focus my time and energy or could I be more successful in another "traditional" type of business.When you think $100 - $300 a door a month, it doesn't sound like much money on one hand, but on the other hand you have a steady monthly cash flow, hopefully an appreciating asset, tax benefits, etc...I guess my question is, for the people that fully committed themselves to investing in real estate, what made you choose this path over another?

It works great for me, but not for banks.Is it possible that I could get traditional financing (e.g. based partially on the expected income from the property)?

They'll still require a BPO for valuation, whether it's a pre-approved or traditional.

This is a fantastic financing tool for agents: increase sales, get sellers off the fence, upsell, and get financing for folks who might not qualify for traditional mortgages.

The traditional yellow letter copy, from Ron LeGrand, is:Dear Mr.

My plan is to build a solid foundation of cash flowing properties as a safety net supplemented by an occasional 1031 flip to supercharge my equity (I'd rather not take the big tax bite from traditional short term flipping).