I guess what I'm getting at, is that looking from the other perspective, the investment company should make sure to establish a relationship with their investor.

What is your perspective on these types of financing and if it’s positive, can you share any words of wisdom I could use to make my wife more comfortable with it?

As a soon to be real estate agent I'm sure that you will have questions and perhaps some new perspectives on real estate investing.

As an alternate perspective...The last two properties I've purchased have been held up for more than a month due to the fact that the seller (FNMA for one and GMAC for the other) hadn't yet filed the foreclosure deed at the time they signed a contract with me.

Not sure what you're currently doing with the cash you have sitting around, but I would imagine it's not returning nearly as much.So, from a purely financial perspective, if you have the free time, it seems like a no-brained...

The best defense against this is to not disclose that that's what you're doing, at least not until they are emotionally attached to the property.If you have to, why not get an agent to sell your houses for you, so you don't even need to be there during the showings (from a selling perspective, it's probably better if you're not there during showings, btw).

Scott, I'm not sure if you're still looking for answers, but I can offer some perspective to you, hopefully.I don't feel that there's any reason not to include equity, that just shows how strong of a deal you have.

The competition is fierce right now because quality inventory is in short supply and there are new foreign group out there that are willing to forgo the 70% rule and pay more for the property and work on a volume perspective.

From my perspective, with you being new to wholesaling you should refer out any short sale leads to someone with the experience to get them done.

I'm interested in these REO-related transactions too, but from the perspective of buying (or owning) REOs with little to no down.