What was the outcome?

So, remember, just like in a board game, staying patient can lead to a winning outcome in real life too.6.

It would be beneficial to do that before doing your first syndicate deal. 

Just make sure it's within your means and monetarily beneficial to resolve the seller's problem.

Counter-offer $50K down after inspection findings What was the outcome?

This sounds like a NOW solution to me.Let us know how it works out. Come

By putting the property in a land trust with the owner as Trustee, the bank or his lender can not call the loan due and at the same time, by you being a beneficial interest in the trust, you have ownership interest in the property (technically, you have interest in the trust that owns the property).Still another way to do it is by you getting an Option to Purchase on the property where the renovation cost is your option fee and to protect yourself, you get a Memorandum of Option recorded.

You pointed great lessons learnt not just for you but will be beneficial for the newbies.

Can you imagine if someone who was not qualified to teach medicine and surgery sold how to books with implications of making big bucks what would be the outcome?

Keep me posted if you of outcome if don't mind.