I live in NY and part of me wants to dive into the wholesaling business but another part of me wants to get my real estate license to further my knowledge and terminology overall encompassing this business as well as the rules and Regulations .At this point I’m just wondering if it’s worth going through a real estate course to further my education in this business or could I trial and error with the information I have acquired thus far to pursuit a successful wholesaling business .

The goal is to build cash flow and expand the portfolio over time to eventually replace my day job income, so need to continue that pursuit and not sell out, but the higher than expected offer on the property made me stop to think, even if it's not a ton of money...

So, I am pursuing becoming an investor for myself, and currently wanting to work with other investors in their pursuits. 

In the pursuit of closing in the next two weeks, this appears to be our option:Negotiate a seller finance.

Hey guys, I'm currently renting a unit while in the pursuit to be an investor.

I didn't read through the rest of the thread, so no opinion on whether this property is a good pursuit or not. 

A DIL is where the borrower/owner agrees to sign over the house Tobin exchange for the amount owed....no foreclosure, no further pursuit of the borrower for money(what you referred to as forgiving the debt).

I’m ready to pursuit my first deal.

@Philipp GrajewskiRegarding cash reserves, I highly disagree with having nothing and have personally realized the risk of this aggressive pursuit, which for me (many years ago), was essentially having to dump multiple properties because my situation with no reserves was unsustainable.

Get an agent to represent you, for your current house and your pursuit of a duplex.