Let's plan the safe route if I only stand to make a few bucks selling the loan to some Exxon-Valdezish-run GSEs in the secondary market.

The same thing happens now.The ONLY differences are two fold.1 - Now, when the first person "follows" the second, they can actually keep up with that person's activities in their dashboard activity feed.

It helps others more quickly recognize you and definitely makes your profile stand out in the crowd.

This hasn't been around long enough to stand the test of time.

I cant stand when a "wholesaler" sends me a property & tells me it needs X amount in repairs, but nothing to back it up.

I've seen what be short of money can do to families - the stress even more than the doing without - so I feel like it's good to stop once in a while and think about how fortunate we are that there is nothing like that standing in the way of our being happy.I'm also thankful about 2010 being the year that we got off the sidelines and got our first couple of properties - we made the step from thinking about/preparing/wishing for our dreams and actually started working on them.

E should be adjusted out as an exception item, or if you had large vacancies for a particular reason.If anyone disagrees with any of this, please let me know and I'll happily stand corrected, but I tried to gather this data in order to map out financing strategy and loan sequencing for building a buy-and-hold portfolio.

The terms of the existing lease should stand; however, you could always require him to drive to your bank to make the deposit.

study for your real estate exam and learn the industry from that stand point then decide.. its not expensive and at least you will learn the terminology and you will network with those in the industry.. wholesaling on your own is kind of like being on an island pretty tough thing to do unless your a super star sales person highly motivated .. know CRM and marketing inside out etc etc.

Thoughts @Albert Bui or @Chris MasonFrom a residential lendin stand point properties only do not count if your name on the title and the mortgage note are in another entity and mortgage note does not show a personal guarantee.There are different takes to this because the underwriters still see 18 properties on your schedule E and this a gray and this is where the art and science of being a lender, investor, come together.The underwriters in 99% of cases don’t get that LLC’s can be taxed in multiple ways and your lender will have to explain that to them (sole prop, Corp, partnership, etc).When an underwriter sees properties on a schedule E they assume you own it personally because they are used to seeing borrowers who own properties in their own names on that schedule so they assume the same.One solution ive seen used and discussed with multiple accountants and attorneys is to file your LLC as a partnership (form 1065) and have one of your other entities own 1% of your llc while you own the other 99%.