This may actually be much cheaper for numerous reasons.Enduring success takes planning.

@Andrew Vogt ,You have omitted numerous very important items from your list of costs, both initial and holding.

There are numerous options that must be considered and many costly mistakes that need to be avoided.

It is just a question of which methods you prefer.The key to wholesaling is to generate as many motivated seller leads as possible.I like craigslist and bandit signs.But there are numerous other avenues also.Some are driving for dollarsGet a list from list providerWebsiteLocal REIA meetingBirddogs(mailmen,friends, co-workers,etc)These are just a few ideas.

It will be invite only and be limited to individuals who operate real estate investment businesses with revenues greater than say $3MM annually (random number).

@Justin Glass,I never recommend loans with balloon payments for either party for numerous reasons.K.I.S.S.

I have read on other forum threads I good place to find potential private lenders is on MeetUp.If we want to get potential private lenders to come to a presentation and discuss possibly investing how do you approach folks.Should we go to meetups and hand out invitations?

If you ever have any question, feel free to post them - and I also really invite you to jump into discussions and share your thoughts, since you have a some experience with property management!

Heck my first personal home was in Schererville, and I have built around 100 new construction homes in and around your area.I have a few friends around you with numerous investment properties, and your in a great area to realize great cash flow and appreciation.

There have been numerous forum discussions and articles written about LLCs and business structuring.