Well you can always do a few wholesale deals and build up some cash reserves before you jump in to rehabbing...just locate some really good deals put them under contract...and sell your right to buy to a rehabber..this is what i am doing!

I believe it would best for me at this time to wholesale and build up reserves, since this is my first deal.

You can use that $13 to build up your capital or pay down loans (really the same thing, but if you have loans, pay them down first).$13 per month isn't much but you could save it or buy pizza or do something other than pay for free information.

Rather than plopping the money that we've been saving for a downpayment, given home prices and the real estate market in this area, I would like to build up some equity and cash flow by purchasing a rental property.

I'm new to the wholesaling thing and I am trying to build up my buyers list and just continue to research.Now, what I need to get a couple of contracts for sellers.

In other words, is this a good time to sit on the sidelines, build up cash and wait for things to bottom out and pick up properties for pennies on the dollar, or just keep hunting and pecking for good deals?

Hello Everyone, I know the word is that this is not a good market to be building right now; however, I have a great opportunity where I am because of the build up for the incoming troops due to downsizing of military bases.

Worst case, if you don't get a signed contract, you can likely walk away - as they haven't inked the deal within a prescribed acceptance time frame (I'm not an attorney - so consult one before taking that step - I assume you have some earnest money in there)!

Over time they will build up a number of rentals so they have income even if they stop flipping.Another investor will find a partner so that someone else puts up the cash for the deals the first investor finds.Lots of variations depending on what you want to do and what is the right strategy for a specific market.

I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...