Leasing agents not attempting to retain existing commercial tenants,owners/agents milking every cent possible from a lease and actually driving business outCommercial vacancies is a sure sign of declining economy, lost jobs and subsequent home foreclosures . . . its a good measure of the community economic health.

Thing to consider our...FHA fee is 1.85 %VA subsequent is 3.3% That is alot on 460k purchaseWhat I have to bring to the table is similar since VA is jumbo loan I will still need bring about 10k to the table since I need to guarantee the amount over 417k and with FHA I will need bring about 15k for down paymentsIf I use VA I have to refinance and see loss of $900 rental income.

Subsequently, I am in the infancy stages of the "practice" of real estate, and most interested in learning the process to build wealth. 

If they sold it, or if they service released it to "Bank of B" and the borrower subsequently defaults, does "Bank of B" have the assignment of the note from "Bank of A" to "Bank of B" so they can foreclose?

The wholesaling was a business activity, and the 2 CPAs I asked said that it is definitely a tax write off.My reason for asking is: I don't have a LLC/corp associated with my rental business, so would this wholesaling campaign be included as expenses for a property that was purchased subsequently to it?

The seller signs the deed and slides it across the table along with all the benefits that go along with real estate ownership. 

-The giant dog, obnoxiously/frantically jumping up onto the sliding glass door scratching vigorously at the handle, the whole time I was there, was a recent addition.  

I probably let more than I should slide, but I like serenity more! 

This was apparently accomplished.So far as I know;  no documentation has exchanged hands.My plan is to replace the rear sliding glass door with a 36" exterior door and a double-hung window to fill in the large opening.  

Currently living in apartmentWorking full time as a management consultant and also in grad schoolLiving below our means and currently building savings for emergency fundsBlessed with a promotion that will allow us to build savings at a faster rateEstimate to have $30k in savings in 12 months time (depending on how well I control my Chipotle cravings :) )Plan for first property acquisitionfirst property will be primary residenceFind distressed / REO property (4/2/2)use FHA 203k loan to roll in rehab cost and put 5% down (heard doing 5% instead of 3% means no PMI, need to verify that)Plan for investment property acquisitionsAssume rehab yields 25% ARVUse HELOC and savings to purchase first and subsequent investment properties as soon as possible.Overall I'm looking to force equity in a primary residence and use HELOC and savings to start acquiring properties.