the wholesaler purchases it from the manufacturer. the retailer buys it from the wholesaler at wholesale prices, then turns around and sells it for a big mark up.each level has it's business-specific system in place and specializes in its own respective area.buying a property "wholesale" is similiar, thus the name.there are so many posts on this, check some of them out too.

Not to mention, there will be some of DFW's most respected real estate investors in attendance.Who?

Don't get me wrong she is extremely ambitious and well motivated (I would actually describe her as a tiger/pit bull) but my point is that she started with low capital and worked through an avenue with low risk and still made a very respectable income doing it.All Cash, you seem to have a very conservative perspective on investing.

I have not looked enough into them to determine the usefulness of their materials or the soundness of their companies.For me personally, though I am sure that there is money to made in network marketing especially around real estate investing, I am making a very respectable income doing what I am doing, and I love it.I would recommend with any possible business opportunity that you get all the facts you can without giving a dime and then weigh the risk/reward factor.

About a year after I bought it (and dumped almost $60,000 into it) I sold it for a very respectable profit.I have not used conventional or commercial financing on any of my rental properties to date.

I am saying it because I am a full time real estate investor, and I make a very respectable income doing it.I understand you have your doubts, and you seem to have a very analytical mind that is questioning the actual probability of being able to find enough deals at the type of discount that is needed.

It didn't really help any because the account was only two years old, but I would guess if it had been open longer that it would have helped me in that respect.

Do not fear.If you are new to investing or not, if the whole world knows it or not, have confidence it what you are doing and that is what people will respect.

Come to find out comparables on the same street only sold for $168K, $174K, $179K respectively.

He wasn't asking for someone to babysit him (entrepreneurs respect independence).