@Justin WindhamAccount Closed@Ned Carey Thanks a million

Hi Jordan, It can be dangerous to purchase real estate sight unseen from a remote location, and can result in accidentally losing a lot of money.Are you an accredited investor ($200,000 a year in income for the last two years are over $1 million in assets)?

I am not looking to make millions - would be nice - but even an extra $250 -$500 a month would have me sitting pretty.Best of luck to us all on this adventure!

Don’t get me wrong, the investment side of things is attractive, but unfortunately I don’t have the risk tolerance at this point in my life.  

Example: Buying a 5 million strip center but being worth 8 million so even with a down payment you are very solid.

Once they tap out their inner circle they won't attract capital for their next deal with those terms.  

Here are a few of the main aspects of Wholesaling that you need to not only understand but also need to become skilled at if you want to build a thriving business:Building a Buyers List- Find and build relationships with cash buyersLead Generation- You must be able to find potential deals as well as attract them to you through marketing.  

Several million dollar ++ homes being built and sold.  

The short answer is no they are not making $15k they are making $11k to pay the 3%. but not raising the sales to keep it attractive.

If you only put 5% down as a personal, you could buy a 1 million 4 plex.