I have the basics on what to do, when it comes to wholesaling but I would love it if I could contact other investors and pick your brains!

In real estate, the process concepts are simple, and easy to grasp.

Basically, the judge would be directing him to illegally evict his tenant.

My dad has been in the construction business basically his whole life and before I was born he was an apartment manager.

So basically he either purchases one of those three properties, two no longer available and one has an UST on the property he just discovered otherwise he can't do the exchange?

When I spoke to them about it, they basically told me that this is how they do it and that because the lease was contracted through January 31 I should have known I would still be responsible for rent even after vacating the premise, taking my name off utilities (including the prorated water bill they supply) and giving them the keys, and paying the prorated rent they charged me.

@Matthew Paul  OREO agents we deal with are so MUCH better than a wholesaler you buying form the bank  title is OK.. they give you a shot at the deal.. and they KNOW basically what a deal is .Good OREO or investor agents most defiantly create a niche for themselves..

Ive been writing the lingo down as I go, but you gave me some new ones.I'm not a pro member yet, once I am i'll have all the calculators, but till then I figured if I can know how to analyze a deal without a calculator, Id have a better understanding of what to look for and basic understanding.

There's basically a strategy we use sometimes to shove all the consumer debt into the name of the spouse with a day-job, which frees up the investor spouse's DTI for debt covered by cashflow.

Utilization, credit mix, age of file, etc. all figure into the scenario.Utilization becomes an issue when it reaches 40% or so of the total or on any individual revolving account.I have a whole PowerPoint I use to explain credit basics to rooms of consumers.