Patience can be your best friend and if you attempt to over leverage a property it can come back to hurt you.Some will recommend buying subject 2 where you could take over an existing mortgage that could be at a substantially lower rate - but if the lender finds out and calls the loan that could also be very bad.

Welcome Terrance.I would like to know more about deals you are doing nd maybe we can partner.Otis

Generous souls hang out here, and I feel joy to pay it forward.  

If you use debt to buy the real estate the IRA will incur UBIT so educate yourself on that. 

It's a good time to start reconciling the year if you haven't already

And talking to people face to face, you might get more input that what would be typed up and posted on the internet to live there forever - we have networking from 6 to 7 - your first meetings free.Tuesday November 12th, 6pm to 9pmDouble Tree Overland Park69 Hwy and College Boulevard.We love it when the BP community joins us . .  . . be sure to join us in March - Andrew is our Guest speaker.

I had a few tenants e-sign 6 documents with multiple pages in a couple minutes and realized they did not read any of it! 

Also remember just because a loan may qualify as being assumable the lender will go through a thorough underwriting process to confirm you meet eligibility for the loan.I have seen a guru teaching people with poor credit to go after these types of loans and it’s unfortunate as many would most likely not qualify.

And if it is a misuse of the inspection contingency, aren't wholesalers who do this running the risk of being sued and even being forced to purchase the property themselves? 

Just have to be good at selling yourself.