Im a recent college graduate and heard about wholesaling from a few infomercials regarding the Philly area, so I decided this would be more interesting than a full time job.

On the flip side of things, I get their position doing their diligence in order to wrap and resell as Elvin has pointed out (common practice in finc world) as a response to the void in the MBS market for residential funding after the '08 boo boo.  

Just by practicing this you'll likely run into someone that lends money, and you probably don't even know it.3.)

Essentially, my plan is to learn, network, tighten up my credit, raise capital, and pull the trigger within the next year (my original plan was within 9 months, but that would mean purchasing in December...I'm afraid it will be more difficult to flip a house in this area during the winter and I want to minimize holding cost as much as practical...thoughts on that are appreciated).That said, I'm a clean slate ready to absorb all the knowledge and wisdom from others in the BP community.

Standard of Practice 15-1REALTORS® shall not knowingly or recklessly file false or unfounded ethics complaints.

I bought my first house at 20 and did a live-in flip in a college town.

Part is housing paid for by a local college and the other is warehousing paid by a local contractor.  

Schlage rekey kitThe first go round it can be a bit tricky, but after a little practice I can do a lockset (handle and deadbolt) in less then 10 minutes. 

Is this normal practice?  

One of my College professors told me one time you have earned the right to say "hmmm that's very interesting I'll have to get back to you on that "I have been in sales for over 30 years.