The FHA 203K sounds amazing in concept with being able to add the renovations cost to your actual mortgage.

@Edward B., yeah, I agree that it only makes sense if he did mean "and then some".

I love this concept!

Most are pretty similar, they are a good introduction if you are totally new to notes, get you familiar with the concepts, the terminology.

Barry Ratliff this is an interesting concept that will have a wide array of answers.

This is just an odd concept to someone from the West Coast as generally land is included with the structures on top of it (certain exceptions for mining rights etc)

@Edward B.

All good thoughts, in regard to the pros/cons of a 30 mortgage versus 15 years, as related to the end-game of producing monthly cash flow from a property, which, as a CPA for thirty years, I understand the finance concepts; however, I completely agree with the way that @Joe Villeneuve explained it, very simply, that "cash" is a verb, i.e., cash now, can be used again, and again, and again. 

My question is there is popular talk about the "BRRR" which I love the concept, I'm not trying to knock it at all.

@Barbara GarrettI've never done wholesaling, but if I understand the concept correctly, I think you would want to get the property locked up in a contract to buy before you try to sell it.