IE very low value assets IE rentals in Urban cores that trade for the value of used auto's  ... so for sure I can see instances were agents that have a 10k listing are only doing the minimum you would go broke spending all your time on those deals as an agent.And the unlicensed wholesalers have pretty much taken up this niche of helping sellers out of these assets... as its really an unwanted product for most brokers.Thats whats great about this industry its diverse always changing and very much regionalized... what a lot of folks don't really comprehend though or are short sided on..

(Bigger Pockets does not allow linking to sites that you are affiliated with, so I cannot give you a link).

My company does not receive any referral fees from any of our affiliate partners.2. 

I expect the project to be ~1.7M and am raising ~600k to cover planning and initial costs and financing the remaining 950k (750k/1.7M = 44%).My neighbor is considering selling me their (larger) property for 600k that is wholly owned but has very high cap gains pending.We are both concerned with minimizing fees and tax penalties.They are open to an idea I proposed where they would transfer the property to me in exchange for a comparable position in a LLP limited partnership stake in my project which would enable me to take out a HLOC sufficient (or nearly) to fund the project and buy them out, plus interest, in a chunk once complete/over several years.Another thought was to owner finance with payments to them spread across say 5 years from the added value to the developed project but it seems that muddies the ability to establish an equity line that they aren't affiliated with.Ideas?  

I gathered online information for years. but it wasn't until I went to local REI Clubs and saw others in person doing real deals that I could see and comprehend, that i got moving. 

Over the past 15 years as a private investor/owner/property manager, I have successfully invested over 1 million dollars of my own money into multifamily assets.Along the way, I developed 1 simple rule:“Don’t try to save a dime today that will cost a dollar tomorrow.”I use that discipline to uncover and create high value investment opportunities for investors in markets that are currently underserved in SW Florida.Licensed Florida RealtorCertified Florida Residential ManagerLicensed Property Maintenance ContractorCurrent Affiliations: Cape Coral Association of RealtorsNational Association of RealtorsNational Apartment Association

I would be a private lender, own notes not rentals.Lend to rehabbers, 80% total LTV.10% rate of return to you in 3 monthsUse a self directed IRAsee videoDisclosure: I have no affiliation with trustetc.com@Brian Eastman@Dmitriy Fomichenko

Now, with that being said, only you know what is best for you but there are some good points in this thread so take time to read and comprehend.  

You contact your local affiliate of the Gambino family...

I don't know but I want someone's opinion because I feel like a crazy person.I was thinking what if I found a property that I wanted to wholesale and I got it under contract with the seller but then it turns out the seller isn't the owner of the house or has no affiliation with the house at all.