I can't wait to gain relationships, advice, and learn the field of investing an creating a great platform for my future Real Estate ventures!

I'm passionate about helping people achieve financial freedom and believe that building wealth is a great way to achieve freedom and control from outside influences on your life and ambitions. 

Hello All - I live in Los Angeles and I have done some investing in real estate previously (a direct investment in a duplex and also LP interests in ventures focused on acquiring properties for conversion to work-live lofts).  

If the developer is unable to pay (assuming they aren’t also in default under the senior debt), the lender typically has the ability to quickly take control of the property.

Wow, this 10% rule sounds like rent control.  

He thought me to understand wholesaling is not commission base, but instead a property contract you control and assigned to a buyer who close with the seller.I don't have a license but I intent too.

I always recommend starting out as a licensed assistant to a top producer, but I don't think that'll work for you since you already have another daytime job.One thing you'll hear about in this business is you get to control your time! 

That's a great advice  to help people control their expenses. 

I'm considering starting a company for my property ventures as they are set to increase substantially over the next 12 months.

We do this type of deal regularly and for just $10,000 we control a home that after we spend $40,000 fixing the home and sell it for $460,000 we will deposit $40,000 in a bank account that will pay our seller $1,000 per month for 40 months, and we will keep the ballance.Jim