Hi,I'm a long time reader, podcast listener, and wannabe real estate investor, but I'm finally diving in and looking for my first deal.I found a house that I would like to rehab and I submitted an offer to the wholesaler.

This week finally started jumping in head first.

Finally, there's a strong ethos for living in SFH in my area and a negative connotation with apartment dwelling. 

Hi BP Family, what happens to the amount a Seller owes on his mortgage?a) Buyer must pay off the loan before acquiring the property? b) Bank allows Buyer to take over the mortgage?For example:After repairs Value = $15...

She finally gave me the green light and I wasted no time getting the first deal done.

We lowered the price 20K to make it a better acquisition. 

After 3 months of waiting on a lengthy eviction, the home is finally empty but it's in terrible shape.

I am also looking at trying to do some wholesaling to try and generate some money to start looking at rehabbing.A little about me, I am 31 and finally starting to realise that no matter what I do I can't make enough money to raise a family with working a standard W-2 and I have always wanted to start my own business for as long as I can remember.

In fact, if the math is done right and it's cashflowing real estate you are  buying, your DTI should improve with each acquisition.

Once you complete the final application, we charge a one-time servicing fee of 3% of the requested financing amount before transferring the funds.In addition to the servicing fees, you are also responsible for the title/escrow charges and home appraisal fees.