Make the contract with your name as the buyer "and/or assigns".Make it subject to inspection by your "partner" in x days, etc.

Some different strategies include: wholesaling, birddogging, rehabbing single families, renting single families, rehabbing multifamilies, renting multifamilies, commercial properties, lease options, subject to's, carrying notes, hard money financing, contract for deeds/land contracts, development, new construction.

One caveat is that the universe hears the subject of our sentence.

You may also be subject to a deficiency judgement for any shortfall owed the bank and the bank may come after you for that additional money.

I average 500 piece mailing at a time, and almost every mailing results in a deal that meets my criteria: in good condition, rented or a good potential rental at 80% or less to market value.I have a process of valuation, and write in "subject to's", write up the deal with me as the buyer "and or assigns", so I can assign it.My negotiations and getting the contract is all done by phone, fax and email, as is the assignment to an investor that I wholesale it to.I build the virtual team of people in the area by phoning and getting to know related professionals in the area.

I had posted the following (shortened a bit) in another thread on this subject: I've been sitting on the fence (for the most part) for the last 3 years,, I've got a decent income from the mortgages I hold, a little bit of residual from a company I sold and my wife just started drawing SS a few months ago.

My current roomate was looking to buy a house this last month and that was the advice i gave him, make a list off all the house you like and low ball them all, take the lowest counter of the best house, he contacted my brother (RE agent) and he informed us that he could potentially be bound to every offer he made.there is probably a way around this (perhaps somehow making offers without putting up cash)- which is why i posted the information above, hopefully somebody will shine the light on this subject because i would love to be able to make multiple lowball offers.

How diverse is the employment in the area?

The valuator should determine which methodologies are to be utilized in developing the opinion of value of the subject property.

i know there is more than one way to skin a cat but why would you ever want to get a loan to buy a property when it's so easy to buy them "subject to"?