Also, you can engage your lender early 45-60 days out to begin underwriting the loan from the 6 month requirement and arrange settlement to occur right around the 6 month mark.

I am finally ready to not only start engaging & networking on here, but we are actively looking for our first property.

I have already learned an incredible amount by just reading through these forums over the last several months, and can't wait to engage with everyone!

How investors can legally and ethically engage in wholesaling:These guidelines are designed to protect all of us from scrutiny, investigation and possibly worse.

Option 1: One mortgage, both on it, you're coborrowers, no different in terms of responsibility/obligations/etc than an engaged couple buying together.Option 2: One mortgage, only one person on it, the other person can be property manager or whatever you work out once you own it.Option 3: One person on mortgage, both on title.

The more engaged the contractor or investor is throughout the process, the better it will turn out.

Your passive real estate returns (if you did not engage in real estate as a business) would not come close to matching the active returns you are able to make as a successful commercial real estate broker.P.S.

If he is asking you these questions he is A) trying to help sell your offer, B) try to learn more about what you like or dislike about a given property which may help on the next, or C) trying to engage in a discussion about how your offer may be unrealistic. 

Miles, welcome to BP, and you are doing the right thing..... read,read,read, and dont forget to reach out and ask questions and engage with the community, this place is truly awesome and bursting with info on investing...

Do alot of reading, take notes, watch the webinars and podcasts when you have time..... and dont hesitate to reach out to people and ask questions or engage in conversation. were all here for similar reasons.