Adjustable rate, wide terms, call features, they can stop the line of credit, just not a good way to go for any long term need. :)

Welcome to BP, Lavelle.Might use the search feature as to wholesailing pre-fore-closures, it's been discussed and since the laws that apply to pre-foreclosure issues are federal laws, yes, the apply to those of us in the mid-west and then there are state laws from state to state.There are some real issues playing with folks who have been given a notice of demand/foreclosure.

I think what he MAY be asking is what is a typical wholesale fee?

Does everyone typically end up keeping your security deposits?

Typically a buy and hold is a very conservative investment.

Robert Adams I don't have a featured speaker for this meetup.

Up until this year I carried around a $25 cell phone I bought off ebay that's biggest feature was it went "ring ring".

Commissions in my area are typically 6% (sometimes less) , with 3% to the listing and 3% to the seller, which is usually deducted from the sale of the property.

I typically look for around 5 years, but I'd pay a premium if somebody were willing to lock in for 10 years.

There is an investor for just about eery good deal in the greater LA area, so if your approach is wholesale, I would suggest you look at areas that have a higher than typical interest for investors, and where a little hustle on your part can secure a discounted contract with lots of value or your end buyer.