I recently had a call come in from an owner that wants to sell his fathers property fast which is great but he has a reverse mortgage on the property.I'm not familiar this type of situation and want to know if wholesaling the property is an option?

It's not hard and fast and sometimes it'll work and sometimes it won't; just because it does doesn't make it a good deal and just because it doesn't does not make it a bad deal.Second, the 50% rule includes everything expense wise except debt, which means property management is included.

This means I need to be able to exit from the property and get my money back as fast and as surely as possible.

If you hold fast they will likely drop these issues over time.

People have become used to fast shipping times and are not happy when products take longer than expected to arrive. 

I have to finance either but I really want the sports car because I love fast cars and I'm young but im not sure if it will hurt my business.

While not a total first in that I enjoy drawing the plans for many of the projects we do, this was by far the LARGEST custom home my team and I have imagineered up to this point.Framing went pretty fast, which helped make up for LOTS of lost time in the Roswell Permitting department and our FEEBLE first attempt at lot development. 

There are no dumb questions and it is truly amazing how fast people jump in and give you feedback.  

Always make sure you are marketing so you can skip the bad deals fast and move onto the next deal. 

Things are changing fast, and if this is what drives a town you've got problems...and so do I, which is why I don't bring outside money to Lima :)