The investors who were totally ( or at least MOSTLY) honest in all their dealings ending up with real estate produced net worth $3 million or more.I don’t know why this is, but I’ve seen it time and time again. 

As others have mentioned, you typically need some liquid capital to get a deal done even if a hard money lender was funding 100% of the deal for you. 

The US Government and the States have but one way to deal with this, taxes.

Congrats on getting the deal done, Devan!

Deals like this, with additional income potential (garages, ADU, etc.), could help you cash-flow while you build equity - best of both worlds.Lastly, targeting properties that have been on the market 30+ days could be a good start.

Yes, the more deals you do, that are profitable, the more money you make. 

Here is an upcoming LA meetup with 29 wholesalers going:http://www.meetup.com/Los-Angeles-Real-Estate-Deal-Maker-Sessions/events/227145543/

How did you finance this deal?

tell me more about the deal we are doing the same thing this year.

Every investor faces challenges, whether it's finding deals, securing funding, or managing rehabs.