Charge the tenant an option fee (in addition to the normal security deposit) and sign an option contract giving them the option to buy your house at a specified price for the next 12 months!

The deposits and withdrawals should match the sellers "story" and his tax returns.

When dealing with REOS, what are some ways a wholesaler can get around having to front deposit money on the offer to the bank before they assign the contract?

I don't do this, but I know many landlords that have their tenants pay rent by making a deposit in a bank account.

We want to know how to research this area of investment, how to project occupancy, differences in using regular rental contracts, deposits, etc.

i.e. if the repairs are greater than the damage deposit etc., is the local housing authority on the hook or like unpaid rent is there a strong incentive for the tenant to pay up so they can get back on the program?

Also setting up a system in your bank to pay off your mortage(like direct deposit) so you don't even have to "work" while you own.

For example, security deposits, any expenses (such as a "finders fee") that doesn't meet the definition of a qualified exchange expense (should be POC) , ditto any cash needed for the purchase and closing of the replacement property POC (for example, home inspection, termite, roof consulting, survey, lender points, utilities).

A few offers, no closing.My dilemma and need for mentoring and advice: I have $100,000 in cash to invest but now without a W-2 source, a job or any income besides the annuity mentioned above, even the Bank I've had a relationship with for years and have over a half million $ in deposits or investments with, won't even consider lending to me for even a home equity line of credit, much less to mortgage an investment property.

I have noticed the on the S and P agreement with the seller and the wholesaler (me) states the price the seller will be paid for their property, as well as a earnest money deposit.