I understand the basics, buy low, sell high. ect.. but have some questions about how to go about everything.

Well the subject to appraisal condition is trigger allowing you to A. back out of the deal or B. or back to the negotiation table and show proof to the seller that the property is not worth $500k but rather $25k less and him either has to lower the price to the appraisal price or the deal is off because one or all your conditions on the contract were trigger.They basically allow you to back or renegotiate the pending deal.

., established a bank account in the business name, ordered some small advertising products, published a website and basically gone from a total newbie to someone who has the ability to hold a conversation on REI and actually sound like I know what I am talking about!

OK, This I'm sure is a very basic question....hopefully not to basic.

These are his concepts and he can explain it much better than I ever will.

Basically nothing.

As far as a complete DD checklist thread, i have not seen any such thing, yet :)For a private residence, i would do some basic things, these will lead to other things for you to investigate.

Hello,Okay, I've been reading here, searching and I still have some questions and fogginess about wholesaling, probably real basic to many, but nonetheless, I need to know.

As long as you have a basic supportive economy in your town, there is always money to be made.

Basically you pay interest only for 10 years then you owe the balance at the 10 year.