They don't have to stop and think as long as I do about a situation.2.

Offer the bank a note buy out at a discounted term, if they refuse, I would make it look like a strategic default and stop paying, and re-make the offer a few times.

Or your tenant will stop paying and force you to evict.

If something happens to me my wife won't have access to the corp or its assets or bank account.

This cause water to leak out of the connections and causes water damage to the ceiling.The washer/dryer is in the hall upstairs on our units.We have also found tenants will use the cheap rubber hoses instead of the steel braided ones or not have a washer fitting inside the connection which causes a leak.Also if it is an older washer or connections at the wall the threading is older and even if you tighten it will leak.This is why we use Teflon tape when putting the steel lines on.It fills the imperfections of the threading and stops any leaks at the connection.Another area of leakage is at the discharge hose.If it is not properly clamped at the washer,has an old hose,or where the discharge hose goes into the drain line could cause a leak.

And most of my lenders would prefer to lend shorter-term for my flips than longer-term for buy-and-hold (that said, anyone who wants to lend short- or long-term, feel free to let me know :).But, to answer your specific question above, if the person doing the work weren't experienced and/or didn't have access to cheap capital, a partnership could potentially generate much better returns than borrowing at high-interest rates.For example, assume that you purchase a property with little equity (you couldn't easily resell it for a profit) but that throws off about 25% per year in cash flow (cash-on-cash return).

We will open registration for the bootcamps on Friday, February 3 at 10:00am EST, and the first 200 paid conference attendees to register for each bootcamp will be granted access.

So i was talking to a lawyer about my business model and i asked about double/simultaneous closing for wholesaling banked owed property, he basically told me that its not possible, there is a 90 day seasoning and why would a savvy rehabber investor who has access to the mls go to you for these properties. so here is what i propose to investors that wholesale banked owned properties, First off how do i get around the 90 day seasoning, if there is any seasoning and most savvy investors has mls access so how would i make reo properties attractive to an investor with mls access, what properties on the mls should i target

If someone came to wholesale a property I would stop listening if their pitch was "there are 6 active listings at 200K or less".

I use an MS Access database which allows me to use a form to quickly input information, select the type on contact and add them to the database.