While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

The seller would use this strategy when they don't have a lot of equity in the house.

But I would say to be open to having more than one partner in the deal and to outline an exit strategy so they know how long the money would be tied up for.Good luck to you.

If your properties are generating solid cash flow or have appreciated significantly, you might be following a “smart leverage” strategy, à la Grant Cardone.

They take good care of the properties, but there's not enough attention given to pricing strategy and they spend money like nobody's business (not a problem when they were spending their own money on the master lease model, but a BIG problem when they were suddenly spending OUR money as the PM).

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc. 

Understanding the law can help you decide what strategy you will use for wholesaling.

It's a winning combination of direct access to industry experts coupled with building lasting relationships and get direct feedback on your strategies in small-group format.

But a specialist could be helpful if you have unique situations, want to explore advanced strategies, or simply save time.Cost varies - some charge hourly, some a flat fee.I'd recommend checking the tax pro button on top of the page and scheduling a free consultation.

Generally it's a mix between (a) spec builders, the type who specialize in doing in-fill lot's (b) investors, as it is a normalized flip strategy (c) owner occupants, especially in high desire neighborhoods, who are a-ok with taking on the project and even some are excited that they get to build a new home in often old neighborhoods.