A mentor can help you avoid typical problems and offer advice, support, and insights as you negotiate your initial transactions.Assemble a trustworthy group of experts to support you during the wholesaling and subject-to transactions process, such as real estate brokers, lawyers, contractors, and bankers.Real estate investment may be difficult, and tenacity and determination are frequently necessary for success.

As someone who started out as an investor myself, I was overwhelmed initial as well especially on my first deal.

Below is a list of the states and their requirements for prepay AL Alabama Yes No restrictions None Refinance or saleAK Alaska No N/A N/A N/AAR Arkansas Yes No restrictions None Refinance or saleAZ Arizona Yes No restrictions None Refinance or saleCA California Yes No restrictions None Refinance or saleCO Colorado Yes No restrictions None Refinance or saleCT Connecticut Yes No restrictions None Refinance or saleDC District of Columbia Yes 2 months interest on prepaid amt that exceeds 1/3 of original UPB36 Months Refinance or saleDE Delaware Yes No restrictions None Refinance or saleFL Florida Yes No restrictions None Refinance or saleGA Georgia Yes No restrictions None Refinance or saleHI Hawaii Yes No restrictions None Refinance or saleIA Iowa Yes No restrictions None Refinance or saleID Idaho Yes No restrictions None Refinance or saleIL Illinois Yes No restrictions None Refinance or sale Borrower must be corporation if interest rate is > 8%IN Indiana Yes No restrictions None Refinance or saleKS Kansas Yes No restrictions 6 months Refinance or saleKY Kentucky Yes No restrictions None Refinance or saleLA Louisiana Yes No restrictions None Refinance or saleMA Massachusetts Yes No restrictions 36 Months Refinance or saleMD Maryland Yes No restrictions 36 Months Refinance or saleME Maine Yes No restrictions None Refinance or saleMI Michigan Yes 1% of amount prepaid 36 Months Refinance or saleMN Minnesota Yes Lesser of (i) 2% of UPB or (ii) 60 days of interest 42 Months Refinance only PPP restrictions only apply to loans within conforming limits MO Missouri Yes No restrictions None Refinance or saleMS Mississippi Yes 5% of UPB if prepaid in months 1-124% of UPB if prepaid in months 13-243% of UPB if prepaid in months 25-362% of UPB if prepaid in months 37-481% of UPB if prepaid in months 49-6060 Months Refinance or saleMT Montana Yes No restrictions None Refinance or saleNC North Carolina Yes No restrictions None Refinance or saleND North Dakota Yes No restrictions None Refinance or saleNE Nebraska Yes No restrictions None Refinance or saleNH New Hampshire Yes No restrictions Refinance or saleNJ New Jersey Yes No restrictions None Refinance or sale Borrower must be corporation if interest rate is > 6%NM New Mexico No N/A N/A N/ANV Nevada Yes No restrictions None Refinance or saleNY New York Yes No restrictions None Refinance or saleOH Ohio Yes 1% of original UPB 60 Months Refinance or saleOK Oklahoma Yes No restrictions None Refinance or saleOR Oregon Yes No restrictions None Refinance or salePA Pennsylvania Yes No restrictions None Refinance or sale Not permitted for loans less than base amount ($312,178)RI Rhode Island Yes 1-4 Purchase: 2% during first year only.Otherwise, no restrictionsPurchase: 12 months Refinance: 60 monthsSC South Carolina Yes No restrictions None Refinance or saleSD South Dakota Yes No restrictions None Refinance or saleTN Tennessee Yes No restrictions None Refinance or saleTX Texas Yes No restrictions None Refinance or saleUT Utah Yes No restrictions None Refinance or saleVA Virginia Yes No restrictions None Refinance or saleVT Vermont No N/A N/A N/AWA Washington Yes No restrictions PPP on ARM cannot extend beyond 60 days prior to the initial rate change dateRefinance or saleWI Wisconsin Yes No restrictions None Refinance or sale No PPP permitted on ARMSWV West Virginia Yes No restrictions None Refinance or saleWY Wyoming Yes No restrictions None Refinance or sale

Amidst these obstacles shines a ray of hope— AI driven solutions that streamline recruitment processes and set the stage for sustainable development.AI; Fueling Transformation, in Real Estate OperationsEarly investments, in intelligence initially concentrated on products for consumers such as Zillows Zestimate.

But each time you will double-triple quadruple your initial principalIdeal cashflow amount of course is a positive one then the more the better but more means usually also more work.

Looking for a baseline for quick initial rehab estimations understanding that I'll need to do a more comprehensive estimation the deeper we get into running numbers.

And I do the exact same thing - free initial application, only charge when they're the selected candidates for the property.

I’m not opposed to the idea of seller financing but I’d want me $14k initial investment as a down payment. 

Why did the HML make the loan if he couldn’t initially perform?

While our initial down payment was modest, our loan to value is estimated at 71% based on current home value.