The claim is that Short Sale purchases can create "instant equity" by negotiating a purchase with a financial entity for lower than market value because of the distress/situation, then immediately resell it for FMV.

I know going in that I have a 25% or more cushion so that, if need be, I could fire sale the property just to get out instantly and break even.

I offer 3 ways to pay rent, I have tenants that like just mailing the check to some that online bill pay to direct deposit.1)Mail a Check – Sent to a PO Box.2)Bank Direct Deposit - Instant payment of rent performed at the bank or electronically through your online bank account.

Being consistent and implementing a sound plan is what drives success long term.You can get lucky from time to time but running a full time business performing on all cylinders effectively and efficiently takes planning, thought, and dedication.Do not look for instant gratification but stick to a plan if the numbers show it is working and grow at a controlled risk rate where odds of success are high but failure is lower.I think when wholesaling included these other strategies (assignment, double close) then it was easy for most to start up with little to no money.

We wanted our first property to provide us instant cashflow and not require much as fair as renovations and repairs go (at least starting out).

Maybe now a days you get your results instantly. at least I did when I took and passed the NMLS test and the UST test ...

The donor sells the home to the borrower for less than the home's fair market value, giving the borrower instant equity.http://homeguides.sfgate.com/fha-gift-equity-guide...What price are you going to pay your mother for the property?

Rental rates run about $300-$500 per unit and picking up 3 bedroom homes in ready to go condition that produces instant cash flow is pretty simple.

This would be a property that does not cash flow, but would have instant equity based on purchase price.

Kiyosaki advocates GOING SLOW (look at lots and lots of deals) I get instant alerts on redfin and then do additional research on propertyradar ($50 month) the equivalent of ABC (always be closing) in sales is ABE "always be evaluating" honestly, I think it becomes rather OBVIOUS over time what a good/great deal looks like.Building/Buying 4 plex out of state could be a reallly good move though... as new construction attracts better tenants and would have little maintenance/headachesGood luck...and remember... the most inexpensive house/houses could be the EXPENSIVE house.