If the property drops another 30% to 1 million and then there’s a foreclosure you can basically buy it back for $700k by offering $1.1million minus your $450k 2nd. 

But the farm being sold is 1.1 million and has a huge main house with an apartment on top of the barn.Her farm is property worth over 500k and I think she needs to buy the farm next door to help her expand her business. 

We've worked very very hard and now we have a 3-bedroom 2-bath single family home on a canal in Fort Lauderdale (Lauderdale Isles) with 65-feet of new dock on the 60-foot wide canal frontage--there are no fixed bridges from here to the Pacific Ocean, a 5-mile trip along the New River.We owe $326K on our 4.25% FHA mortgage, just now added $70K in high-interest debt to pay for the renovations, and when complete we estimate the property will sell for $900-950K; similar homes with pools (we do not have a pool) are selling for over a million.

Wholesaling is nothing more than problem solving, homeowners are relying on you to keep your word so it is critical that you understand this business.Focus on learning more about:Real Estate SalesMarketing Strategies Real Estate ContractsTransaction CoordinatingEtc.I started back in 2018 and have since done Millions in wholesale fees by being obsessed with the process/learning and taking action.Best of luck.

Analyzing these deals is not a problem for me but when I watch these YouTube videos of certain people saying you should have a team behind you I get confused, I recently finish a book called (how to make millions in real estate in three years starting with no cash by Tyler G.

I guess the difference is I am risking millions and producing a product and doing a ton of work to create the delta. 

I can easily fetch a 20% higher price (or more) this way and get 8-10% interest. 

The complex is listed for $675,000 and this price comes from each apartment being valued at $90,000X32=$2.8 million discounted 76% for the number of years in the program. 

I have the opportunity to purchase a 31 unit apartment complex for 1.6 million.

It's a half baked concoction that really only means you have a million dollars worth of commercial general liability insurance, have passed a background check and paid the application fee.