When you find someone who fits, get a soft commitment so you have an idea of what their participation level will be.

I will do my due diligent and evaluate everything before making such a large commitment.

I am absolutely committed to never working full time for a traditional employer and would like all the advice I can get on how to work as a full time investor with only about $13,000 to my name and student loan payments of $247 a month for the next ten years.

How you get it under contract is up to you, but from there, you open title, get commitments from you private lenders, and let your escrow agent know you have a private lender that will be funding the transaction.A title company might be able to hire a lawyer draft closing docs, but DON'T DO THIS. 

3) I only have about $250,000 in verbal commitments and I need to raise $365,000.  

But from when you actually commit to buy, then close, then rehab, then rent, then refinance and get you $$ out?

As I'm in the transition from REI being a hobby to being a commitment I have looked at a lot of the area.

When you grow you want to grow at the rate you can comfortably do it for your time commitment and risk level   Stable phase you’ve hit the number you want to get to your end phase and you are just paying down properties until you maximize your cash flow for YOU.  

I am specifically looking for deals in Lubbock as it’s “close”, will eventually be closer, it’s a market we frequent and would be able to produce some additional opportunities out of.

Hi BP, I'm new (have been a BP listener since 2015 though) and I'm fully committing to RE now, through wholesaling.