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.

@Sean Trily Recently, there was a podcast episode about a former professional soccer player, who lives in Portland , Oregon but was able to find deals a few miles down on I-5 in Salem, Oregon.

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

They are the big players and until you have more of a presence or multiple properties, a website isn't needed.

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.

Highly leveraged players will get knocked out first, large players with deep pockets will weather the storm and will start to acquire the excess supply.I had a very interesting conversation with a guy who's job it is to crunche numbers for REITs and pension funds - they will go all across the country for a solid 3% ROI.

The wholesaler is a key player on your team it sounds like. 

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.