I currently don’t have much capital, but I do have time.

If they do and  If the note is not paid off then the lender can foreclose. 4.

If it is, it's super easy to show so it's not as much hassle for the buying or selling agent. 

Additionally it can often results in multiple additional tax filing requirements riving their tax filing costs up unexpectedly. 

Quote from @Kaleb Johnson: Quote from @Brandon Vukelich: @Kaleb Johnson if you are serious about wholesaling, it is highly recommended that you hire a real estate attorney in your state to help you draft the docs you need, applicable in your state.

Picking the right agent is key because, let’s be real, everyone sounds great until it’s time to deliver.

Shea, great question—because real estate investing isn’t what most people think it is.

Additionally, high-income earners with modified adjusted gross income (MAGI) over $250,000 (married filing jointly) may be subject to the 3.8% Net Investment Income Tax (NIIT).For 2025, bonus depreciation is at 40%, so consider leveraging it for eligible property assets like appliances or fixtures to accelerate deductions.

How did you overcome it, and what did you learn from it?

You might be doing something right by not buying.