Got tired of playing landlord, and realized the big money takes too long to get, so I started up a new style of investing.My background is really in programming, more specifically web based application programming with databases.

If you do not create the business vehicle before the closing the loan and the property will be in your individual name.

But, if he's had a vehicle repo and now the late payments, unlikely he'll be able to get that.So, yes, this would be a good deal if you could get it at a low enough price.

If you are mostly dressing up a tired property then there is more room to make money while still adjusting for the prevailing style.You happen to have a lot of equity.

Since we can't have a beer face to face, here's the next best thing (a couple virtual pints of Phat Tire beer: :beer: :beer: My treat!

I like your thinking out of the box there Tim, but I think trying to wholesale properties to someone in another state may be unrealistic for a new person.I've had headaches galore with California investors or rather California tire kickers who want to buy cash flowing property in Texas.

I am a 30yo male that is tired of just getting by.

It pays the bills but is far from exciting and I've grown tired of wishing the days away.

When i went to a boot camp about two years ago the guy i went to go see told us that an 800 number was very important in saving us time and screening out tire kickers and time wasters.

I think man what they could do with that lifestyle if they would only use RE and leverage as the vehicle.