Aloha Everyone, coming at you from you guessed it, Hawaii. Just a little about myself: I'm happily married with 4 beautiful children (ages 11-22 years) and 1 darling 1 year old grandson. I grew up in Monterey, lived ...

I have determination and drive to be successful in my new ventures, and looking to build a team where all involved would benefit.MODERATOR:  RECOMMENDATIONS ONLY IN THIS FORUM, PLEASE.

The other option I forgot to mention is to do a joint venture or partner with someone that lives in the area where you want to invest.

@Ron BiggsWell I don't agree with this blanket statement "don't use private money"Joint venture agreements with sellers with minor rehabs I think is a great place for newbies to use private moneyLet's say you have $100,000 house that needs $10,000 with new kitchenEverything else is fine in the houseThere's a lot of "updating houses like grandma's houses" out thereIs that a good wholesaling deal?

now if they were not high wage earners the banks would have taken a deed in lui and been done.So protect your core assets when you venture out..

Hello, I looked on FilePlace and didn't find a Joint Venture agreement. 

Be honest with your assessment of yourself, and maintain it through whatever path of REI you venture into.

: )Good luck on your new venture.

I feel this is a pretty safe venture as the funds are immediately backed by the real estate. 

This will let you factor 40% of the rent for maintenance, management, etc, etc, etc.Other ways to get into a property are to joint venture with others, find a property with seller carry back or seller financing.