There was a favorable property a month ago at courthouse auction that I was interested in, but couldn't make a play on it until this recent house closed.

But short term is to just get into the game and start playing.

I’m brand new and seeking some clarity on the process of having an investor.So let’s say me and my partner find an investor who is willing to front the money in exchange of a share of the cash flow and equity.

How would you go about figuring that out if you were canvassing for a brand new market you know nothing about?

As far as that goes I would feel comfortable playing with the rent a bit, you can raise it slightly every time and see how the market reacts.

But at the end of the day, the commission is the judge and jury so its best to play by their guidelines.We both know a ton of people wholesale without being licensed and never get in trouble. 

They Have More Equity In Their PropertiesMany of the mom and pop investors are more conservative with their investing approach and prefer playing it safer for consistent cash flow.

There are a few items that will come into play. 

But then again if there is a big tree leaning over that brand new roof, or if you often get significant hailstorms and the like then the equation may change and you would want to be setting aside more for expectable damages/treatments. 

Or should I play it safe and wait until my current job can pay for the mortgage even if the property is not being rented out.