Might be able to leverage some bulk pricing, but you're still probably looking at ~$200k.

i see very few positive comments lol  just remember, anyone steering you away from wholesaling is either not educated in the field or did not prevail in the field. listen to the ones that and critiquing and suggesting. p.s     to the guys saying marketing is super expensive lol Please and i mean Please FIND A NEW MARKETING MANAGER!. 

Both are full of BP members and both offer tremendous education and networking opportunities.

So would it be right to say to an heir, "I understand that the house has a reverse mortgage on it, however I'd still like to make an offer on the property if you're interested", and go from there, OR, would you try to see their education level on how reverse mortgages work when trying to get the house under contract?

But if you roll your equity into your home, it's alternative cost will the your new mortgage %%.So, this way your $195Kwill be working with your new mortgage rate while it could be paid off by your tenants and get sold when market is very high again.Tenants usually complains about everyday problems: A/C doesn't work, toilet clogged, facet is not working.All these cracks etc - it's the owners problem and Tenants seldom worry about that.Bottom line: I'd use $195K in investment property if it gives you more return than new current mortgage rate.But you have to factor PM even if your wife does it for free.If the ROI is less than the rate - sell it and pay less in your mortgage.ps I think using leverage will get you to your goal quicker than paying off all mortgages....but each their own

Get educated and start saving .

The education I received through the podcast was invaluable in giving me the knowledge and confidence to do the first deal.

I would take that $20k and leverage it to purchase something a little higher end, in am area going up, like the northeast, or across the river in south Jersey

I feel it is wiser for me to educate myself instead of trying to handle this from afar.

Allowances can be made for seasonal employment, typical for the building trades and agriculture, if documented by the lender.When analyzing the probability of continued employment, the lender must examine the borrower’s past employment record qualifications for the position previous training and education, and the employer’s confirmation of continued employment.