If I am cooking food for sale, the rules are different than cooking for my family.

You CAN make money wholesaling and you CAN use those dollars to start moving up the food chain in real estate. 

That doesn't mean it has to take a lot of time on a daily basis ONCE you get smart and are up and running but you do need to know the ins and outs of whatever niche you invest in. Take

Educate yourself on whatever you decide to put the money in. Take

You need money for not only for the downpayment but also for closing costs (we had the seller cover most but we still had a tiny bit left), rehab (if you don't do a 203k loan) materials and labor, plus your living expenses (we barely cooked at the beginning since we spent every waking moment with workers and working in the house ourselves so we bought food everyday, we also didn't have a kitchen since we completely gutted the one that was here, and your responsibilities won't stop so you still have to pay credit cards, insurance, internet, etc)-We became BP pro members to use the calculators to analyze deals and we used the heck out of them.

The home needs to be in the same, or better, condition than when they moved in. Take

Food for thought, good luck.

Pay cash, most sellers will not sell the home and keep the loan as that can put them in a risky position especially if the state you are in takes a while to get someone out of a house they have defaulted on. 

Awesome job in taking action. 

Usually free food and free drinks.