What the fair price is for the lease can't really be established over time, so it is then viewed as to what is the fair market rent for that property?

Hoping to establish some cash flow there before I begin financing higher cost units here.

Many people want to but can't buy homes write now and need some time to upgrade or establish their an acceptable FICO.

You are basically asking an established wholesaler to risk taking a chance on you.

You typically need to have skin in the game, but at the same time you certainly don't want to drain all of your personal reserves if you don't have to (i.e. if you used up all of your reserves on a traditional downpayment w/a bank - not only would it be gone, but then what's next?

I have met with 1 guy I know in the game and have meetings scheduled for next week with 2 others.

I'm REALLY looking forward to getting into the game!

I am a new investor, looking to get my start in the game. i want to start with wholesaling, and eventually work my way into rehabbing.

I think that the core strategy for setting up my financial house involves establishing relationships with three key people: (1) an estate/tax attorney, (2) a financial planner, and (3) a CPA.My intuition is that I should probably talk to those three in that order (lawyer, CFP, CPA).

When the seller realizes you are the best prepared - his problem solver and beacon of light, the possibilities will expand.If there is enough room with the numbers, offer a partnership with the seller and the seller will share in the profits - at the very least 50 percent above the seller's desired selling price as established in writing prior to the partnership.