option 4: jv on this with your buddy with him getting the acquisition and closing costs. he gets 2 acres. you pre-hab it which increases the value then wholesale it. unless you get the rehab money by the closing and since you obviously don't want to get a rehab loan just have your contractor do the frame work and wholesale it for profit to another investor/contractor.

@Thomas Ihrie here's what I did:- he was in the live event I went to on March 1st, so we connected there...he's had more experience than me in terms of analysis, talking to people, etc...BUT I also noticed when he was sharing that he's got very little time, which is why he hasn't done much in his wholesaling business- i called him up to offer my support and basically gave him an idea on how i can help him keep things moving while he attended to his responsibilities (I know bc i've got a lot of them too)- i super motivated right now and i'm utilizing a lot of resources i've already got in place, i simply told him, take care of your family and just give me addresses of people who come to you...i'll do the analysis, give you the number to offer, give you the basic framework on what to say, then when we close on a deal, we'll take it from there.- my main goal was to move past "talking" and quickly move into "action"- the very next morning, he calls me and emails me a message from a seller asking him for what he would offer.

Just like all the advice you'll hear about picking a business partner you'll want to use the same framework.

Most folks are not familiar with what it takes to renovate/rehab a property, so the FHA system provides a great and safe framework to ensure that it is successful.

😀At the end of the day, real estate is a long term investment vehicle and needs tis be approached and evaluated in that framework.

That lays out the main framework for rental properties.

If you can provide them with a basic framework of systems to use they’ll be much appreciated.

Most of us need banks because we have not cultivated our fund-raising skills and have not learned and mastered the securities framework which allow us to raise money without banks' silly underwriting requirements.

Within the framework of those investment vehicles mentioned, I have choices of funds.

The most blunt piece of advice I can give you is that once you have a framework of knowledge, just start doing it.