After reading Rich Dad Poor Dad, I realized I was stuck in a downward spiral and that I would always outspend my level of income.I needed to change what I was doing in order to have enough money to retire.My long term goal is a combination of Rent To Own and multi family units in the form of duplex, triplex and quads.

I hate to continue this LLC debate but it's pretty clear that 90+% of people here spend way too much money on LLCs with false hopes of protecting themselves and/or their assets (and most really  have no assets to protect anyways) because they read Rich Dad Poor Dad or any of a number of gurus books that bring nothing of value for the real estate investment business.

Hey Ben,At first glance it doesn't seem like there is much room for profit as a traditional wholesale deal. 

@Rich Ng

I am currently taking an investment course through Rich Dad..

However, I am struggling to figure out the best approach for financing, if I do not have all the capital traditionally required for a down payment.If I decide to go with a lender, am I really going to have to come to the table with at least 20-25% down?

I'm also going to recommend Rich Dad/Poor Dad by R.

The guest was probably talking about traditional - bank - financing.

Account Closed  Hi, flippers usually sell to traditional buyers (not investors) after they have done their work.  

FB users searching for rentals tend to be younger and of the same mindset that staged the 1% rallies protesting the rich while blogging on their $1200 Macbook Air, living in their parents' basements and wearing designer Skinny Jeans.