3) After listening to many of the BP podcasts, and reading lots of material everyone seems to say newbies have a hard time pulling the trigger on their first property.  

On another note, perhaps a lease option can be used in order to not trigger a due on sale clause.  

This might trigger the due on sale clause, which the bank can enforce but if you continue to make the payments the bank probably won't.

If your more analytical then perhaps it's time to pull the trigger. 

That would give them grounds to trigger as it would seem like you did indeed attempt to defraud them.

We haven't pulled the trigger on ours yet but are in the process of at least getting pre-approved for a loan, which is further than we have made it before.I have the same thought process about wholesaling and I am apparently clueless as to what it really is and how exactly it is done.

Also, would/can the quitclaim trigger the due on sale clause?

Wish I'd found the forum before we pulled the trigger.  

Seems like it would be easy to fall into the trap of never pulling the trigger on a property out of a feeling of inexperience.

I'm currently doing interior design/furniture rehabbing, but am getting ready to pull the trigger on my first flip.