I've done 3 deals, my first one I worked alongside a mentor he held my hand through the whole deal and took over towards the end because I still didn't know or had experience dealing with banks, the other two I did on my own where I put up the Ernest and Option money and sent the contract off to title and I didn't even have to do a double closing because both my Seller and Buyer knew from the get-go what I want for providing my services and I'm all about fair deals, I hoenstly see wholesaling as a necessary evil.

Let's say you have 1 million dollars and are buying a $80k purchase, should you still only put 20% down or should you just buy the whole property with cash? 

I think that as young adults if we stay hungry and be diligent at this age we're going to achieve what we want regardless👍🏻My regret in college is that I didn't start going to meet ups.

I don't mean to be rude, but what benefit does a realtor have working with a wholesaler, if the whole business model depends on you not ever actually closing on a property?

Here is what I am thinking:Term:  5 years with 6 months of interest only (is 7-10 years common/achievable without getting hammered on rate)?

That's after hours or weekend family time....All @Mitch Messer and I are getting at is that it's important to consider the whole cost including your time.

Who here, specifically flippers and whole sellers, use social media (Facebook, Instagram Etc.) for marketing.  

Don't get me wrong, they are great to go to to learn and build your network, but I built my whole team from resources right here on BP.

NOPE 4 million was the bid.. hell we are only paying 4.4 for the whole track.. plan B I love this end of real estate .. most folks don't know squat about it and don't want to and rely on others you need to educate yourself on it.. and then work with the closers to make things happen.on your tax sale one.. if it goes to tax's does not matter who owned it right at least out here it would not tax sale clears title completely in our area.. everything except property tax's are wiped off and IRS has their short redemeption period.. speaking CA and WANOw in Oregon to my knowledge is the only state in the county that if you don't pay tax's it escheats to the state they take it in and sell it some years later as surplus.the state does not want to do this and will go to great lengths to help people not lose property..

But I am still excited about the whole journey and I can't wait until I get everything rocking.