I want to develop a consistent RE wholesaling business to supplement my retirement.

Building up to a million is most likely over time...Or, reinvesting profits could easily build wealth...but not likely to literally make a million from wholesaling alone.There is no doubt however that it could offer some significant income on its own if you do it full time or add a very nice supplemental income as a second job.

Originally posted by Ted Akers: I was under the impression that GSE's (FNMA and Freddie) had to participate and that it is an opt-in program for the banks.First page, last paragraph: This Supplemental Directive provides guidance to servicers for adoption and implementation of HAFA for first lien mortgage loans that are not owned or guaranteed by Fannie Mae or Freddie Mac (Non-GSE Mortgages).

Now that the property has served it's purpose they are eager to sell and knowing I was actively looking for my first deal I was the first call.I've gotten comps in the area and I'm getting the property about 20% lower than what the neighborhood average is.My plan: At this time I have practically no bills and I was going to invest my 10k into upgrading the units to get more cashflow and pay off the property more quickly while supplementing that income with my own.

It will look like you ran out of liquidity/cash and you are supplementing your debt service by applying or getting new extensions of credit.

I spoke with their customer support during my initial assessment of the school and they informed me that when new state or federal law is passed they update that portion of the course material.The online portion is mostly reading, but you want to make sure to read the supplemental textbook that is included with the course.

Scenario 1: The wood floors need to be refinished because dog urine has ruined them and the pet deposit doesn't completely cover the damage. Can part of the security deposit be used to cover the rest?

Scenario 2: ...

I met a young man a couple of years ago who was supplementing his regular income with a side business he built with his partner.

I could see it supplementing a regular income, but it seems it would take an awful lot of units to make the numbers add up.

Do you recommend using a realtor to supplement your efforts as a wholesaler?