Hello, Thank you for taking the time to read this.

But this was not because wholesaling is a scam.

;)Only thing to note for anyone who might be reading this later is that you might want a CPA/EA specifically since they're allowed to talk to the IRS on your behalf, whereas the others cannot.

Let's say $300k, you then agree to the purchase price but add your own terms (ex. 0% interest, 5% down, 16 years to pay back).This way, you're paying (example) $1,800/month but renting the property for $2,400/month and pocketing the difference.Anyone have success doing such a thing?

This will clarify and reinforce what you are reading.

I'm broke as a joke but I have good credit how do I get started 

*This post does not create a client relationship. 

Any suggestions for this? 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

I did this once using FHA on a Fourplex in Provo and it was a great investment.