I decided on Wholesaling because low start cost and they said it't the simplest.

Seems like that would be the simplest way to find out as well as to educate yourself more about what specific things you have to have in your next deal to get them to want it.

That would be the simplest manner in getting it done.

In its simplest take-away from the last couple posts.

So, again, best and simplest way to learn is to spend time with someone who already knows the mortgage business, has years of experience not some guy who passed a test last year that use to sell shoes at Sears.

It just comes down to what both parties agree to.If there are just two parties involved the simplest ways would involve either a joint venture agreement or a promissory note arrangement.

Would highly recommend you build business credit, credit cards being the simplest way to start.

That's part of the value of a strong escrow closing agent.The simplest way for you to participate in this opportunity is to refer your deal to another local and more experienced real estate investor for a fee or %.

Perhaps the simplest way is to buy the home on a land contract (subject to an existing mortgage if applicable).

But the simplest explanation is that the lender wants to be sure you have enough commitment into the deal to reduce the likelihood of the lender having to foreclose, and that if the lender does have to foreclose that there is enough cushion to recover the amount loaned (or as much of it as possible).The commitment from you would be at least 30% down in your original example.