Current market conditions won't matter that much of it's a long term play.

There may be a variable rate commission at play, so an even dollar offer could yield a higher net to the seller.

I don't believe in omens, but man was this podcast just sitting and waiting for me to play right after this viewing. 

Since there is not enough margin in the buy / sell they are playing games with the repairs.I do not see how these ibuyers will make it trough a down turn.  

First about what role you want to play in the RE industry. 

Like I said, this would be my first REI and I really don't want to make a big mistake on a deal, but based on the numbers I've come up with, this property would cash flow about $500 initially while the loans are being paid back, but should generate in the area of $1800 once the loans have been repaid.At this point, I would be willing to take on any positive income, but I'm sure there are factors that play into this that I know nothing about.

If a big expense comes into play, I have two credit cards that are $30k limit each with only 4% Annual interest rate (active duty military).

Hey all!

So I've been doing a lot of reading and a lot of listening for a few months now (primarily in wholesaling to begin with) and I'm to the point where I feel somewhat comfortable and confident to take action. O...

Everyone has made me glad I joined this site.Would any of you be interested in knowing how this plays out?

You can avoid payroll by ensuring your structure your agreement with them such that they are a 1099 sub contractor NOT an employee (bes ure to get smart and play by all the rules!).