If you are cash poor, and can recoup cash from this transaction, it will give you some ammo for the next deal that is going to come in the next 12-18 months.If you were using the space, that would be different, but if you're looking to rent it out, and are stuck without a tenant, you become even more cash poorGood luckGino

An assignment is part of the wholesaling strategy.You get a property under contract below market value, let's say property ARV= 400K.You get it under contract for $150KKYou ASSIGN that contract to a cash buyer for $250K.Your assignment fee would be (roughly) $100KThe assignment is part of the wholesaling strategy.1.

So, keep that in mind because if your struggle you will personally be on the hook for the debt.

Any insights on suitable areas, zoning regulations, or market trends would be greatly appreciated!

I want to get my start in real estate and thought wholesaling would be a great way to do so. 

I am eager and excited to be here.

If you are seen to be using this for investments, then you will find it hard to get another FHA loan, making this method difficult to scale, but good when you are getting started.

It can be done, but probably tricky. 

Any details on how everyone verifies their military applicants would be great!

How cool would it be with a little bit of searching and probing if you could buy Microsoft or Chase at 80 cents on the dollar?