They achieved their success by being selective and buying right.

& @J Scott Definitely agree that it's a math game.

Select it, it will now be placed at the top shaded in blue that will alert them.Go to 3 different REIA's here you will meet fellow wholesalers find out what they are seeing and how they are finding deals.

My mentor / business partner who is showing me the ropes in RE is starting his own property management business after being in the real estate game for 13 years.He is offering me a job in said property management business as an on-call maintenance person, and also said he can pay me to do yellow letters for him (I currently send out a lot of them for my own investing purposes).He said he can either pay me for each letter, or a 10-15% commission on income from any leads I generate (so if I land him a property that he makes $150/mo on, I would make $15-$22.50/mo on each property. 20 properties = $300-$450 / mo total).Either way, he will pay for all the material and postage- so I'll just be taking care of the rest (printing, packing, sending).

I'll be honest, I am a little nervous about doing that first sfh deal and I think that's mostly because once I do that it's no longer just talk and numbers ... now i'm in the game and have the responsibilities to sink or swim.

They may require more skin in the game and will probably critique any potential deal extra closely but you will probably be able to find one.

Generally being on the cutting edge of fraud games down here, scumbags haven't tried to in these situations, they just rent them out.

Jumbo loans are any loan above $417k in most areas and $625k in select areas called high priced areas.

Again, welcome aboard.Things might be slow today a good number are going to watch the game.

1st rule of any lender, skin in the game. no insured lender will give you a loan at really any LTV with none of your money in the mix.Consider a Sub-to transaction. :)