You should have locked if up in the area of 55C-65C on the dollar then try and wholesale it.

Gus,Next time before you lock up a property to sell make sure you contact an appraiser and see what it willappraise for for the next 90 days.

Then, I throw it all away; clean up the place; change the locks; and re-rent it ASAP.

How long would you say it takes to really become familiar with an area. What size of an area should you start out with?

I'm looking at a fairly large neighborhood with at least 100 houses, I am trying to document th...

This is a Freddie Mac loan and underwriting has been slow as heck ...going down to the 60th day lock I believe.

In a declining market like this it is impossible to lock in a price for the lessee to accept.

Was lower than I like to get, but he was a strong buyer and was already locked into a 5.75% mortgage.

We shall see if it locks up alot like IE did!!

Alex, also check out John $cash$ locke http://www.cashnowusa.com/ I haven't personally paid for his system, but all I hear is great things about it, that guy has done over 500 verifiable Sub2's.

I will be using private money to execute a back to back closing, but I don't was 6500 locked up in escrow.