wholesale question for someone just trying to learn the ropes

[Juan Espinoza]

Now I am new to the real estate scene and I do have several questions that I want to mark off my list so I can get a better understanding on this. I do have my license and I have yet to make a sale. My license is not active at this time due to fees humbling me. I am trying to wholesale to get my first sale and eventually pay my fees to get my license back. ok now for the questions:

1: Can I use a traditional 1-4 contract to acquire my first deal or is there a specific contract I have to use instead.

2: what is the most accurate way to determine the rehab value. 

So just two questions I suppose from the top of my head. I am in San Antonio, TX so I would love to meet people in the area that are also doing the same thing. Probably build my sphere and share knowledge and experience.

[Joe Homs]

@Juan Espinoza Mine is only 2 pages. So yes, to question number 1. I use 10% of the ARV to estimate the Rehab in my area. Yours may be different, but this gets me to the numbers I need to move forward.

Good Investing...