Hey @Dong Yan,Check with your lender but usually, they require you to have coverage of at least the loan amount.

The property is on Fairfield St about 3 blocks from King Cong Brewery, which I believe was just established last year.

It was the first time dong this and I think it showed!

It can be pretty low risk if you know what you are dong and move carefully.

It is what it is and I don't give two $hits about it.I did recently buy a Gatorade Tiger and plan on keeping as a reminder that even the greatest empires can tumble down due to the power of the 'poon dong quang dong' :)

If your need to have more than one person bring in funds to make the loan to complete the balance of the purchase, then you need to do one of two things, either place the most money in second position, then the next amount in third position or place both of them in second position on a fractionalized note and that note needs to be processed and underwritten by a licensed broker in the state of CA.Now, I am not an attorney so this is not to be construed as legal advice, it is strictly from my knowledge and experience dong these types of deals on very large scales for many years. 

I feel we are dong all the heavy lifting, perhaps that's how it goes.  

From what I've seen, wholesaling may not take much money to get going, but dong it well does take a lot of knowledge, great people skills, creativity, persistence, and a lot for hard work.

Since we are members and already trust BP Nation for dong the right thing for its members, I see that the risk you speak of goes away so long as it is Josh and company doing the actual verifications in house.

Dong it is hard work.