I have a strong background in finance graduating with an MBA from Dayton and 7 years of experience, but I am starting a new career path in real estate.

Best of luck with your new real estate career!

I want to pursue an investing career in wholesaling and rental properties.  

I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.

Basically this career politician who knows nothing about business is doing away with almost all of the incentives for Ma and Pa investors to provide housing at a time when the country is in dire need of more housing...SMH these are not "loopholes" they are incentives to provide housing.

Commissions due to agents are how we make a living it is how we survive and support our family if you can't comprehend that then you should pick another hobby, career, or see it for what it is and stop beating agents up over it.

The only reason I've left was for "career advancement" and higher pay.

If you are financing then your lender will typically need some time to review the deal, your suitability as a borrower before lending the money. 3.

I'm in a career where I constantly meet all kinds of people and the encounters I have with people involved with real estate are always the most inspiring.

I couldn't be more excited to join the BiggerPockets community and begin building a successful real estate investing career!