This is just for conventional financing.The subject property you may need 6-12 months plus the above for other properties so it basically means if you want to cash out you basically have to manage your cash in a manner which suggests you "dont," actually need it since you have a ton of reserves.

I believe there is a recent member blog post about the subject.

Including the right to assign addendum as well as subject-to's to allow me to back out if i have to?

I'm thinking of two different strategies and would like to know which you think is best, advantages / disadvantages of each:A) Offer the lender a cash purchase of the property under a short saleB) Offer the administrator of the estate a subject-to then offer to purchase the nonperforming note with cash from the lenderThanks for your input!

If a seller does bring it up or wants a large amount we always tell them the EM is a non-issue no matter the amount because we will not subject EM for any reason whatsoever no matter how strong a deal appears to be so whether it is $500 or $5000 it isn't going to matter.

I've read a few threads and blogs on here but couln't find anything comprehensive on the subject.

I try to alternate between the two, depending on what subject they are talking about.For example, I'm going to INREIA next week because they are discussing the tax sale strategy.- it's always good to see another Hoosier utilizing this great site!

There are some really decent areas in the city to invest at a low price point that does not land you in a terrible neighborhood, but terrible is subject to each person's own discretion.

There have been some good articles in the Latimes.com on just this subject recently.

If I'm looking at a buy & hold or "wholetail" type of deal, I can go with less equity, because I can use some creative financing options like Subject-2 or Land Contract.