So, Im not sure what the wholesaler can get for it, but lets say he gets $190k, we and we go 50/50, wed each get $7500.

We do have a lawyer already as well, we just aren't sure if we should keep trying to settle if that would be more cost effective/less stressful, or if we could just see if they move forward.

I suppose it was no coincidence that most of the foreclosures that I saw were in the C&D space and it's also no coincidence that when market cycles mature, capital has a flight to quality to protect the downside.I think the key to surviving the next adverse cycle, whenever that may happen, is to not take on too much debt, stress-test your numbers, and invest in growing markets (where people are moving TO) in good quality properties. 

I cannot stress this enough.

Wake up homie .. your getting $;:wed 

And there are even certain kinds of investment loans that you may qualify for, and can use to make your purchase.Enjoy your new home without stressing about the process and paperwork.

People rent them when they come to town to visit for weddings, business, etc

You must make sure that your numbers work by putting them through a stress test.

Not that I want humans to lose their jobs but these people really need to think about what they are doing before they cause unneeded stress to the buyer.

But I will say that I’ve moved from flipping to BRRRRs since there’s a lot less stress, pressure, and reliance on everything falling into place.