I think we have come to a nice agreement... but nothing is for sure until the ink dries and the check is cashed or the keys are finally in my hand. 

Start to build up a "network" of people that you can ask other questions to or go to for services.

Considering it all together with your equity build up and cash returns make the deal significantly better putting your money in the stock market (especially with the current volatility). 

Knowing my timeline, do you think it's feasible (and wise) to start by going hard-core into wholesaling, then build up into fix & flips (for fast profit), and then rolling all of that income into buy and holds with the BRRRR method? 

You would think it would be a heck of a leak to build up a $1,000 bill. 

I have however been listening to the podcast for a few weeks now and I read a couple of books that were recommended and am now starting to build up some knowledge.

Hey guys, ive been thinking about this a lot and if anyone has experience with parents handing down a house or taking over your parents' house mortgage please advise.Background: There are 5 people currently in this townhouse and my parents have paid close to half the value so far. ive graduated college debt free and have been working in my field for a year. ive been saving for a down-payment so i can move out into a multi family house and rent one side of it.my father and i had dinner and i threw the idea of taking over his payments so i can build up equity and he can get the house he really wants (ranch style with a pool).

I think that Set for Life is an awesome read for those just starting out and wanting to build up cash to invest in RE.

If you are going to invest in out of state property make sure its a GREAT deal and that you take into account the cost of property management (shop around to find one before inking the deal).Good Luck

At present, my interest is to start with wholesaling then move my resources to fixing and flipping until I can build up enough resources to buy and hold.