This is an outstanding return over the 10 years.  

yes. but it's pretty simple. and it doesn't matter if markets are saturated. they're usually saturated with crappy wholesalers who don't even answer DMs. it's very possible that some who teach wholesaling, make more from courses than they do from wholesaling, but that doesn't mean wholesaling isn't profitable. if anything, to me that'd mean that they're just insanely good at marketing their course BECAUSE they're living proof of concept, and have higher profit margins on online courses (damn near 100%).i just did my first wholesale deal kind of by accident, it was a JV deal and i walked away with $48,400 after investing about $4500, so it definitely 'works' lol. and i didn't buy a course, i JV'd with someone who did.

I never understood that, spending $5k on a damn purse!

By selling their property subject to the existing mortgage, they can avoid foreclosure and preserve their credit rating.Cons of Subject To Financing:* Risk of Default: One of the biggest risks of Subject To financing is that the buyer may default on the existing mortgage, leaving the seller responsible for the outstanding debt.

I'm trying to understand if it's possible to get funding from a lender like Patch Lending to fund the transaction & rehab, & how their loan is paid back in addition to the outstanding mortgage, while trying to make a profit...?

Hey Garrett, if you're looking for a mentor who can guide you on your journey I can connect you with someone who does that for a living and he's quite outstanding at it.

That is an idea, but not sure how easily that would work because there is an outstanding mortgage loan.

And this is all assuming they died with no outstanding debt and someone’s been paying all the property taxes. 

I'm located in PA, sitting on a bunch of cash, and looking to jump right into multifamily real estate to begin the process over the next several years of replacing my w-2 income and gaining more license over my future than corporate America is willing to give me on its own.I hate to act like I know a damn thing and I likely don't, but I have at least been attempting to get an education on multifamily REI by reading books, lurking REI forums, listening to podcasts, talking to others I know that have owned and operated multifamily bldgs, etc., and I can confidently say I am committed to doing this.Growing up, my parents operated about 20 student apts and half a dozen townhomes, so I'm not unfamiliar with multifamily and I at least have people very close to me that know the ins and outs of running commercial, granted they've been out of the game for a decade. 

Historically, San Diego is outstanding for appreciation and rent growth.