@Jesse ConnersOkay here's the rule of thumbIt cost 10 to 12% of the value of the house to sell w an agentIf you cant get it cheap enough like 70% loan to value it's not a wholesaling dealIf it's 70 to 85% LTV it could be a listing w an agent or sub2 and a note or a wrapGreater than 85% LTV in good condition and in a good school district and neighborhood is either a lease option, subject to, or a wrap acquisitionThe exit for me anyway on these three acquisitions is a lease to own with 3% downBecause the subject to and the wrap has a due on sale clause issue I want the underlying financing paid off as soon as possible meaning one to two yearsIf it is a lease to own acquisition, I generally assign them and get out of it of itI hope that helps

In fact, I went to high school there.

My thought is to purchase a few homes, putting down as much as I have to get get any type of loan for a news LLC, then pay down the small balance over time to build a credit history so I can eventually get a loan with 25% down or HLOC the paid homes to get in to additional properties?

I'm looking for a rehab deal in the Rockway, Parkwood, or Lindbergh school districts.

First I only go see houses that are three or four bedroom and they are in good school districts and the quiet streets that's the first thingNext thing I do is I walk through the rental and act like a renter asking the basic renters questions to landlordsAnd then I do a classic what if statement and give a leave behind on lease to ownMr. landlord you got a nice place here and I think the rent you're asking 1100 is fair"I want to ask you a question and if you hate the idea of them just let me know, but what if I could give you 1100 a month for about oh 24 months and then at the end of that period of time buy the property at a fair price, ""would that be something you would even consider thinking about or maybe not?"

I remember when I graduated nursing school as a Licensed Practical Nurse. 

And you get educated by paying for school or by paying with your time and money by trial and error (often, both).  

good info from @Douglas Snookhowever if it is a property that I am buying for myself I go to the Registry of Deeds myself and trace every single deed back, just to cover myself, get a history of ownership and to make sure no easements, liens or concerns get skipped by the attorneys, have had problems in the past so I like to know the answers before I start asking questions...just my opinion ! 

People need to live somewhere Ben and credit is tight and I don't think it's going to loosen up for quite a while so I think housing is going to stay hot that's my opinionI always want to buy a good school districts and safe neighborhoods I don't want poor neighborhoods and high crime and that schools just don't want it

But the area has so much history and I enjoy the culture.