Would the deal still be beneficial to you if you didn't have such a large cut into transaction?

In many ways the lien holder is removed from this transaction.

I'VE READ SEVERAL BOOKS SO FAR AND GOT VENA JONES COX WHOLESALING COURSE.

:-)BAC - Bank of America - Very good dividends, promising bank nationwide, not much of Subprime lending/securities compared to other banks, good PE, stock price is about 1.5 times the book valueWM - Washington Mutual - Well, when everyone wants out of Financials thats the right time to get in.

As a short sale investor we promise a fast close, but If you know you will flip the property but don't have a buyer lined up..., how much time after the approval do you try for? How do you ask for that much time when ...

They are looking at these transactions now as taboo.Unfortunately, soo many greedy investors as well as unethical ones, have ruined many of the creative startegies we have used and new laws, rules, regulations, and lending practices are changing.

Just get a good attorney to look over your contracts and pick them apart.I have bought properties on Option, Contracted a buyer......both sign cont that say they will sign all neccessary contracts to complete the transaction with the end buyer.

There are also books, and if you want to spend the money, guru courses and bootcamps that teach this stuff.

No one I talked to ever done a transaction yet cuz they dont have the money too.

Yes, like many have said everything is partly speculative but flipping(rehabbing) is not pure speculative, nor 70% or whatever was stated.Speculation:(Encarta dictionary)1. opinion based on incomplete information: a conclusion, theory, or opinion based on incomplete facts or information 2. reasoning based on incomplete information: reasoning based on incomplete facts or informationmere speculation 3. risky transaction: a financial transaction that involves risk, but is potentially profitablea failed speculation on a dot-com 4. making of risky transactions: the practice of engaging in financial transactions that are risky, but potentially profitableThe later two is the better of the four definitions, in this instance rentals and flips have the same amount of speculative nature.