It is difficult at best to create downstream trades with no capital from the first buyer who then turns seller.

Why would I want to create competition for myself?

My business model is to try to create solutions for people with real estate problems.

Would she/seller be able to go sign her side of the closing documents once she locates the “right’ property.Could we create language in the escrow instructions or a separate contract that relives her of all ownership burdens and allows me to proceed with renovations?

Generally when you flip a house you are doing it to generate a sum of money, whereas with Rentals/Buy & Hold you are trying to create long term wealth.

Kind of ghetto, neighboring houses messy-ish, all houses are unique (they aren't all stucco houses built by a central planner... so there aren't rows of houses that look the same...), they are older houses...Should this not stop me from looking?

I am also an active board member in my condominium, managing the $2mm+ budget, negotiations with vendors and communications with unit owners and investors.My goal is to create an investment partnership through which to raise equity to grow a portfolio of multi-family and mixed use properties across a diversity of geographic domestic markets.

Iam looking to start investing in realestate and wanted to start by wholesaling any information you can give me will b helpfullMy Plans1 Talk to a realestate attorney about creating a contract that I can assign and/or trade with outs in it in case I dont get it traded2.get my buyers list3 find houses that are distressed and negociate a dealTaking in to account ARV holding time fix up cost closing cost loan cost.

Cases where they want to see the trust docs and POF match, you will need to form the trust, create the bank account, and name your own entity r a newly formed entity as beneficiary.

Originally posted by Chuck Redman:Originally posted by Sam Leon:I kept hearing people saying when in a REO situation, if the bank came back with a "HIGHEST AND BEST OFFER IN 24 HOURS",I have read this to mean that they did not receive offers high enough to meet their "minimum acceptable bid" and they are asking the ones who submitted bids to re-offer with their highest bid based on the assumption that their first offer was low balled.Highest and best is not unique to REO purchases, it can happen anytime there are multiple offers on a property.