@Jimmy Ready If you feel comfortable buying a multi-unit and living in one of your units alongside your tenants, there's nothing wrong with that.

I've done 3 deals, my first one I worked alongside a mentor he held my hand through the whole deal and took over towards the end because I still didn't know or had experience dealing with banks, the other two I did on my own where I put up the Ernest and Option money and sent the contract off to title and I didn't even have to do a double closing because both my Seller and Buyer knew from the get-go what I want for providing my services and I'm all about fair deals, I hoenstly see wholesaling as a necessary evil.

Try the accounting department doing accounts payable/receivables and work along-side the accountants and learn how to crunch the numbers.

I know its hard work and I'm willing to learn, even if I could work along side of someone and let them make the profit just so I can learn the game Hands On.

johnmichael: Now look at this Homes Foreclosed - 1.7 Millionjohnmichael: Over 53.6 Homes Available - 1 Million + Per StateDan_Auito: THAT NUMBER IS GOING TO GO UP ALONG SIDE INTEREST RATES FOLKSjohnmichael: Can you see the opportunity that is available for each of you in the big world?

The park is situated alongside some railroad tracks, but he says he has no problem keeping the units rented.

It is a huge mistake to build a $450k home and then have all the other builders come along side and build $350k homes.

Sounds like you are dealing directly with the seller, so you can probably still do it that way.I recommend you partner with a local experienced investor and offer to split the deal or get a finder's fee if you can work along side them to learn.

I'd say it's better to partner and you swing a hammer along side matching funds with someone who can carry a deal with you rather than getting involved as a strict lender and trying to meet the issues mentioned above. :)

I've taught violin as a career alongside real estate, and let me tell you - teaching is a sixth sense.