Who established an IRA LLC for you?

if you're a few years out before starting in the US with RE Investing, the best thing you can do is work on your credit and safe money and start establishing business credit with banks and credit unions here in the USenjoy Panama, and good luck

People mentioning that they put their life savings in something in hopes of a better future is gambling.

Quote from @V.G Jason: Quote from @Jay Hinrichs: The mindset of cash flow is everything and appreciation is just luck or gambling or whatever these folks say is one of the worst mindsets I see on BP.

For the typical wholesale the steps are really just fine a deal through marketing, have them sign a wholesale contract, have an established buyers list and send it to them, get a buyer to sign an assignment of contract agreement, and when you close you get paid out your fee from the title company.

If your credit is good, any lender would let you do 2 - 3 deals at once maybe up to 5 at once once you establish a relationship with them and you show them that you can exit the bridge loan and get into a DSCR or sell.

By working backwards, you are establishing each class schedule based on what is needed to move forward. 

My concern is that without that amount of personal income available I would have difficulty establishing a sufficient amount of reserves for emergencies.

Use self-management software, establish clear communication channels, and consider Section 8 for first rentals.

We are looking to buy an established business with a system in place.