OR, you have another option .... do nothing and let things carry on the way they are.

You are correct..Sometimes I get carried away..Mark, you must be kidding me...I purchase a property @ %20 below fair market value with fannie/freedie money and not use one dime out of my pocket, then if you do the honest numbers(as I said these are turn key operations that needed nothing).Unit #1 mortgage incl tax@insur $801 wtr/swr/trash $250 quarter comes out to $10612 yr rents @1820 mth =21840 yr$11228 yr positive w/ no money down isn't stellar???

Just factor that into your carrying costs...

What type of insurance do flippers usually carry?

You can also buy subject to, or with owner carried notes.

Improving consumer confidence is a start but the consumer can't carry the economy by themselves.

You need to have some money to pull it off, and to carry the inventory while its waiting to sell.

As the owner of a property you've had carrying costs associated with the property during the time you were under contract with the buyer.

If I carry a note from a buyer and he defaults, what is the repossession/foreclosure process.

Owner will carry a 3 year note for 60% of asking price at 6%.