I want to wholesale a deal to get my feet wet in this industry but I was just wondering how much money I need and how much money i could possibly lose?

I lose my house last year because of a situation that was out of my control (long story involving an over spending relative and a friend that we housed for 3.5 years for free who ended up opening multiple credit cards under my name and completely destroying my credit ).

This gives you lots of options.People don't want to lose their home or commercial properties, if you understand the system, your consultation to them could be profitable.

Until the deals start flowing in, I can comfortably spend a few hundred dollars a month marketing without losing any sleep. 

Lenders would require less down for most national chains.She might be trying to sell the hard asset because her business is illiquid or losing money.

Also, you're going to lose at least $50,000 in closing and realtor costs.

If comps in the area are 389 and thatbis all you could get you would lose money. 

Homeruns can be fantastic, but they involve a lot more risk (which I'd be okay with) but also a lot more effort (that's where I lose interest.

is it from the date when the property was purchased or the date when the title is transferred to the LLC...2)Is there any other ways to protect my personal assets without forming a LLC so I don't lose FHA buyers for my first project?

But I also don't want to lose any days should she move on the very last day of the month.