I'm a licensed contractor and real estate salesperson in Mass, and I've personally done a couple of rehabs, a tear down (for my now-primary residence) and had some success investing in non-performing notes (@NPN) during the height of the financial crisis.I'm back in the game after a couple years on the sidelines.

Banks do like for you to have some skin in the game so the decision to walk away is tougher for you.

I been have been out of the real estate game for a while but thinking of coming back.

Account Closed rentals are a cash on cash return game.

Renters will quickly learn, to game that system.

Hi Stacey,Welcome to the game!

So we're cancelling for tonight, and will save the game and prizes for another time!

Now if you have a cash buyer that wants the deal and understands the game they will probably let you do it.I know I would be okay with it as long as the seller was sitting in the other room just waiting to do the paperwork.The attorneys/escrow agent handle all the money so it isn't like they are just giving you a certified check made out to you for the full purchase price and just trust you will pay the seller and give them title.

Is that a possible stream of income or is it mostly a big business game ?

They all seem to have this air about them like they are better than you and almost shun you as funny as that may sound. fortunately I'm comfortable in any situation and i just see it as a speed bump and not a game killer.