Without an offer on the table the homeowner is moving closer to foreclosure each month.

The difference between a wholesaler and bird-dog is that the wholesaler actually has the property under contract, giving him (if done correctly) an equitable stake in the property...the wholesaler is allowed to profit from the sale a property he has an equitable stake in, and that profit can be made legally at the closing table.3.

They’re marginal loan candidates that aren’t able to get a loan right now, but may be able to in the near future with credit repair.3.

Your mentor can bring you along to properties he/she has and you can assess repair costs together, for example, instead of just reading a table in a book about repair costs.

If you are looking to just flip, you will need private/hard money and about 20% of the total loan amount to bring to the table.

Now, I sit at the head of the table at a company buying and selling across four states; a company that has surpassed that million dollar goal this year alone.

I hear about people getting almost all their money out of a deal, leaving 1 or 2 k on the table, so after those deals theyre essentially earning COC returns of 50 or 100% a year?

However asking people about the market is just as much of a gamble as going down to the strip and asking which slot machine is doing the best or which table can I win on.

Those putting $2K on the table are not serious. 

It looks like Dad is providing cash, but make sure you have all your options on table for a win/win investment.