I'd change the remove within 30 day of the lease expiration to to be removed by end of lease expiration.

My question is in the wholesale deal how and when can I verify the ownship of the property?

If possible, find a great agent or appraiser to help you pull comps and verify your ARV.Obviously, you also need to verify your rehab costs as well.

Take into account any deferred maintenance and near-term capital costs, along with the basic repair items.You will want to verify the credentials of the renter that is currently in the unit, especially if his lease has a good bit of time left.

So, you may want to verify that the contract is even valid in your state.- They are asking you to do repairs on the property with your own money.

I'm not going to debate the need of a PM and their advice, but I agree with George, that this should be solely your decision and whether the tenant met your pre-set criteria.Now, did you verify the income and the savings with the bank?

This is also a good time to to build a stronger relationship with your buyer and talk shop.

Paul Ryan says U.S. borrows 42 cents of each dollar it spends and half the borrowing is 'from countries like China"The second one, which the linked article verifies is correct says that our of every dollar the US spends, $0.42 comes from borrowing and $0.58 comes from revenue.

If the bank legally owns the property -- whether they have to forge the ownership docs or not -- it's unlikely that anyone else will have verifiable documentation indicating that they own the property instead of the bank.Therefore, while it despicable (and illegal) that the banks are forging ownership docs, it's unlikely to be a major issue for REO buyers except in the case where the bank actually didn't own the property.While I don't have anything to support this, I would have to believe that this is a relatively small percentage of the total properties out there.

Let's assume that the $30K is accurate (though always verify for yourself before you make an offer).