- Most offices have their own hourly employees who perform closings as part of their regular jobs.

Purchase price: $215,000 Cash invested: $75,000 Sale price: $336,700 Active in MLS for only 3 days before accepting offer - closed for a $46,700 profit!

You said you live in Austin, no better way to learn than directly so, there is a syndication group Viking Capital LLC, that is buying/raising for a 252 unit property in NewBraunfels, about 45 min south of Austin, watch their webinar at their website below and they have an 82 pg slide show as well, then take a 3 hour trip to go see it, walk the property, go into office ask about the units available/leasing how the market is from the office staff, look around for quality of property/deferred maintenace needed then drive the area for other competitor properties.

Investing in Oil and Gas is somewhat of a gamble.The way that I see oil and gas investments have one of two likely outcomesA) Lose all or close to all your moneyB) Get 10X your investmentTo answer your question you can potentially do a roth conversion and offset it with oil and gas investments.

While the 10K you have will likely be enough to close, where are you going to get the money to rehab the house?

When selling a flip I do buy down and/or money towards closing VS lowering the price This keeps the price higher so when I sell another flip in that geographical area, the appraiser  uses the higher sales price as a compFor an agent it’s better as the seller pays a slightly higher commission 

Soon closing on a property property cost $458k and the closing cost is really high we are doing FHA mortgage they are charging 2% of the loan plus application fee and mortgage insurance on closing for the amount of $7k and plus monthly mortgage insurance... in 2020 there was not just a thing 2% of the loan on mortgage origination loan fee! 

If you are going to wholesale the property, try not to blow smoke and say you need to have your partner come look at the property before closing - you are wasting the seller's time and many have been burned that way. 

@Paul B. made a great point that anyone can close on something if they overpay.

Starting as close to where your experience lies as possible will save time money and headaches.