If the property can still produce free cash-flow, or at lease carry itself, under your rainy day scenario, then you know the price to offer.

Thank you to those who responded so far.Tony: I'm very new so all I've been focusing on so far is traditional wholesaling and wholesaling lease options.Im getting the feeling that I should stay here for a while and educate myself more on all the different ways to profit in REI before making a move.

I have a chance to write up an lease option to wholesale..

Not to mention the lease-up fees as well.

Greetings,We are in need of a referral for RE Lawyers in the Gwinnett County/Metro Atlanta Area, who effectively work well with investors and are competent with Real Estate Contracts (i.e Lease Agreements, Seller's Finance, etc).

I do not need the cashflow for daily expenses; I would rather reinvest it to grow my real estate holdings.I have zero debt but do lease a car and rent a condo for $1000/mo.

The tenent (rent credit purchaser) would have a NNN lease and pay both lot rent and house rent.

Someone offered to purchase his house if a short sale can get approved and lease it back to him with a chance to purchase it down the road.

Again, have reserves, know the law, meet with an attorney to review your lease and the eviction process *before* you need to do it.

The time requirement to do this made this smaller deal look even less attractive.I wouldv'e liked to take on this property, then do a lease purchase option.