The main reason to do this is exponential growth and the resulting cash flow.Obviously you are good at running a business and have the concepts of cashflow down so holding commercial would probably work well for you.

If you're talking $1million, then I think you should absolutely have a significant RE component.

The main reason I am asking is because I have a seller who has agreed to a price and terms, but does not want to sign a purchase agreement that is assignable w/o knowing that someone will buy his property for sure.

My main point is not put down LARGER deposits to entice sellers to accept contracts, if you can still back out and keep your earnest money.Thanks-Terry

Buying , Fixing, and Selling, 4 month time frame, (I hope)I am not a handyman, so estimating repair cost is a reach.A poster on this site suggested to use the $5K rule to estimate repair cost5k to fix/update any major house component.

The main thing to remember with PM is to have certain policies and to stick to them.

Commercial finance and Project Funding mainly.

However, most mobile home parks should have a business value component that should not be taxed as property tax.

Also it probably didn't need more than 5K in work max, mainly for outside landscaping, the inside was about perfect.My question is, how many wholesalers out there get calls only to meet with the seller and find out they are looking for full retail price for their home?

I agree that most people use the tapes, books, etc. as dust collectors which is the main reason they are not successful, although most of the guru products are tools to upsale you on the next "bootcamp".My partner actually got started in RE by buying the Carlton Sheets program and he became one of his "success stories".