So if your running a thin margin and lets say you essentially break even every year - then your sole source of income and profits will be the appreciation in the value of the property.

He is essentially taking advantage of you right now and if he holds a grudge against you for walking on this then screw'em; he's no kind of friend anyway.I would try to buy the properties from him.

I think that there are tons of reason that a deal could fall apart but in the world of REO's, and Short Sales, it is essentially one thing.

How THEY act in the future may very well depend upon how YOU act right now.Look, I absolutely hate wasting my time in small claims court but it is an essential tool in this business.

Entitlements is essentially getting permission from the municipality to build what you want on a site with regards to use, density, building height, setbacks, traffic impacts and environmental issues.

Essentially he would be moving in with no money down to me.

I would like to think that double closing would eliminate this argument becuase I would essentially take ownership of title and then simply sell again.

All of the essential things I need as a wholesaler, its in this software.For people that has bought Freedomsoft or planning to get Freedomsoft Reloaded when it launches this month on the 17th.

If you don't, and I don't, a CPA is essential.

Same style is essential.