Such as a 12% performing note. 

They are, ironically, owned by California-based Fidelity Title.Until which time you have a signed contract that your seller can and will perform on as well as pass good title to a buyer that can and will satisfy the terms of the sale, you do not, as they say, have a deal.The mechanics of double escrow closings vary.

Most will want to know that you are qualified to close the deal and will want to see proof of funds or some type of letter of loan qualification, etc. before they take their property off the market, and your deposit will be based on how comfortable they feel with your ability to perform. 

What kind of rehab are you performing. 2 weeks sounds too good to be true for that dollar amount.

My experience with my own money is that my 401k with very limited Mutual fund investment options out performed my own stock picks by a big margin and always has.

—At any time before the later of the filing of a certificate of sale by the clerk of the court or the time specified in the judgment, order, or decree of foreclosure, the mortgagor or the holder of any subordinate interest may cure the mortgagor’s indebtedness and prevent a foreclosure sale by paying the amount of moneys specified in the judgment, order, or decree of foreclosure, or if no judgment, order, or decree of foreclosure has been rendered, by tendering the performance due under the security agreement, including any amounts due because of the exercise of a right to accelerate, plus the reasonable expenses of proceeding to foreclosure incurred to the time of tender, including reasonable attorney’s fees of the creditor.

They rarely perform and can be a nightmare.

Ended up being less than a year because of my work situation but in that time basically performed a cosmetic flip & came away with about $10,000 once the dust settled.

We have 2 other single family properties in our portfolio that have performed quite nicely.

We have 2 other single family properties in our portfolio that have performed quite nicely.