The program we use is designed to help birddogs do their first deal.

Also, are there any documents that I need to prepare other than the 2 contracts between myself, the seller and investor?

I am going to focus on properties that are in need of rehab and wholesale it to an investor, but I would like to be prepared for any deals that might come to the table.My questions are directed towards this scenario:Motivated seller comes and wants to sell house at 70% FMV.

S/he should have 100s of programs that fit what you are looking for.

More or less forced upon the folks who used to run general partnership programs.

This is going to be my first piece of investing literature recommended by my boss. ( Who is a well established REI himself) Any feedback on this program will be much appreciated.

If your state requires an attorney to prepare to a purchase agreement, get one.

•May need to produce a tax return for Estate taxes•Has been left a nephew who is 14 years old•Doesn’t have the money to pay for legal services up front and would need the costs to be charged to be taken from the estateBob would prefer to stay in the property but would be prepared to move out if absolutely necessary.I’m thinking that I should present Bob with 2 offers.

Alot of newbies aren't paying attention to what is really happening, I think, as they just go about working their deals like normal and looking at comps the way the always have.All the lenders got the memo and either cancelled programs or jacked their rates a bunch at once.

I also ordered the Rich Dad's Roads to Riches: 6 Steps to Becoming a Successful Real Estate Investor audio program and listened to it several times.Now I am seeking to further my education by asking questions and reading through all the information on these forums.When I'm not attempting to learn about REI, I love backpacking, hiking and camping.