You can then for the most part, not have to worry about the legal/illegal aspects of the grey areas of wholesaling and you will have the great foundation on which to start.Then it is my opinion that you can supplement from your new found knowledge by reading all the REI books to help you fill in the blanks.

@Jonathan New I've been to most of the multifamily conferences this year, except Best Even Conference and Michael Blank's.

@Joel Owens  @Joel Snipes @Michael Blank Account Closed 

Hi all,I've read/searched previous posts here and on google in general the last few weeks, however, I'd prefer a point blank answer and not risk my entire future on a misinterpretation (first flip!). 

Thank you for the response @Jim PellerinIs it necessary to get this joint venture drafted by an attorney, or would it be sufficient to just fill in the blanks on a template? 

FIRST TIME - A LITTLE HELPARV: $225 KApplicants Name: ( BLANK )Property Address: GEORGIA ( 31005 )Broker Name: N/ALoan Type: Pur/RehabUnits: 1Purchase Price: $130,000.00Amount Owed: $0.00Rehab Bid (110%): $22,000.00As Is Value: $0.00After Repair Value (ARV): $225,000.00Credit Score: 720Experience: 0Broker Fee: 0.0%Loan Amount: $139,000.00Loan To Value (LTV): 61.78%Interest Rate: 11.99%Origination Points: 2.50%Term In Months: 24Monthly Payment: $1,388.84Cash to Close $16,475.00Broker Fee: $0.00Closing Cost: TBDSINGLE FAMILYREDFIN CURRENT VALUE RIGHT NOW: $172,7624 BEDROOMS3.5 BATHROOMS2,150 SQ.

Many simply were raised in the woods and even though they made big money and we paid them big money to log for us.. many times far more than a million a year as a sub contractor ... you could never hold them to any kind of standards .. heck the permits were fill in the blanks..

Originally posted by @Al Mcbee:I hope this isn't a sign of some sort.There's a cheesy 80's movie staring Richard Pryor you should watch called Moving. 

I tried to find a thread on BP that discussed an idea similar to this, but came up blank.... which probably means it's a stupid idea.  

I remember after reading the book too and sitting with my physician who stared at the computer screen 95pct of the time he was with me, mostly typing and thinking the whole time he needed a $10/hr scribe, so he could look at me while talking and asking questions....there's all kind of help you can have in your practice...PAs, licensed and unlicensed people, appointment setters, etc.