If you know these two then you have stepped in the door and are then ready for the next step.When wholesaling I would not look at something that didn't have a minimum 25% reduction, or built in equity.

. $20M - $8M in equity and a note against the rest.

If you're break even, you're got $340K in equity (less selling costs) setting there earning you nothing.

If you are gaining $40K in equity you can justify paying too much on mortgage payments if you can make the difference up, but you might not be gaining much on equity.

So there is roughly 190K in equity in the home.

I have about $100,000 in equity currently as I have done all this on my own, or through my close network of people (have access to masons, landscapers, etc with heavy equipment).I need to reinvest this equity and have had the ultimate goal of owning rentals for several years now.

You could "merely" have $2mm in equity and actively manage that for $25k a month in income.

She is currently paying $1200 for an apartment and wants to move up into a house :mrgreen: Best case scenario $511 a month cashflow with $44,230 in equity that will get wholesaled at 20% = $8,846 equaling a total of $18,912 after 6 months.worse case scenario(if I can't get the seller to cover the 2nd) $339 a month cashflow with $26,941 in equity that will get wholesaled at 20% = $5,388 equaling a total of $14,422 after 6 months.Now to the reason why I would wholesale this deal, it's simply b/c this property is in TN and I'm in AZ.I only wholesale my Sub's that are out of state.Again, once I'm done with this deal I will write an article with all the exact details.

And, for how many years are you willing to do this until the sale realizes your gain in equity?

Use of your equity would be more valuable at this point.2 - NOT pay 25% DP.3 - You would have about $53k in equity (including the equity you paid for in DP)4 - Flip the property at a 5% discount = $114k5 - Minus CC you should end up walking away with at least $45k (including getting back the DP you put in)6 - Take the $45k and split it into 2 deals.