I was thinking you could get the best of both worlds if you bought with a big enough of a down payment, maybe a little bit of rehab/maybe not, then pull a portion of your down payment back out through refinance or a HELOC for purchasing the dental practice.However, if the practice would triple your income (Of course, assuming tripling your income doesn't mean $100 to $300.), then I would get the practice going and use the income to start real estate investing. 

NZ is one of the least affordable places to buy in the world believe it or not so the barriers for people getting into their first home (20% deposit) are very high and challenging.

And, yes, I agree that in the end, it's the sellers who will decide, but I joined this site to see how the world of real estate finance works, and so I do want feedback from people who turn numbers all day long.I sometimes think I have really workable ideas and I need a head check against my gut check to see if I am tracking or tracking like a fox catcher (to paraphrase a popular phrase without reusing the word "crazy.").

YUP  I know exactly what your doing and the asset class that sells on contract and these are prime targets better for them to sell to you for a little more money than get hammered by the local wholesalers who will just be out for blood.. with no care in the world how much these folks lose.. that's what wholesalers do.. its their job..  

Take it as a lesson learned in this world of REI.

My name is Cory, im 30 years old and im pretty much brand new to the real estate world.

Back in 2012, I read the book (the world famous) Rich Dad Poor Dad by Robert Kiyosaki.

Many people consider moving out of LA - it looks like third world countries and the problem is getting worse.This article was published at Forbes, people who live in LA or visiting are frustrated. 

The REO world has several differences compared to retail Real Estate.It is common for the listing agreement of an REO property to have unique or interesting provisions that allow an assigned agent to continue marketing a property as active (even when the seller accepts an offer) until that buyer has performed and the property is sold. 

It seems everywhere I go I see properties I believe cold be fixed and flipped in desirable areas. I see the potential for becoming a wholesaler, but I also know I need to build my buyer list to be successful as a whol...