, however, I'm very fortunate to have a dad who's been in the residential real estate game for 25+ years, and one of the most helpful pieces of advice he's given me is this: If you live in a market with low deal inventory (think Chatanooga, TN, Greenville SC, Asheville NC), attempting to begin as a wholesaler is not going to be lucrative - the deal volume will be low.

What I am attempting to do is analyze deals with seller financing or private money in place of a mortgage.

I have an above market offer so what Is my legal exposure if I attempt to get out of verbal contract.

Every attempt should be made by the PM company to not be "sales" oriented with the calls.

It seems more risky for a newbie to attempt without experience, especially out of state.

My question is do we attempt to grow this capital through real estate adjacent business or other means so that we may purchase or leverage those multis or does it make more sense to deploy the capital on an in budget cash-flowing single family And take the HELOC at 80% value or leverage that asset in some other way?

A few months ago I was in the same spot figuring this all out alone but I had a goal at the beginning of the year to save $10K and attempt to buy my first property.  

I'd like to attempt to owner finance.

I'd like to attempt to owner finance.

I will attempt to get it repaired while waiting for a new oneThanksRanjith