Lastly you want to make sure there are no immediate major repairs coming due soon (roof, hvac, siding, etc) If so make sure you budget that in for the near future.Good luck!!

ask for more - money back at settlement - guarantees to survive settlement, all chattels in buildingsadd commercial real estate to your wish list of opporltunitesif you become discourage and frustrated - go flip a few junk houses for practice and cash flowattend auctions - watch the activity closely - meet your competition - collect cards - build a buyers listdo something every day related to your personal real estate and financial goals DON'T GIVE UP!

For example; If you need to force 20% equity on a 100k home VS forcing 20% on a 200k home that is a major difference.

Non professional practices will normally result in major financial losses.

I've done 5 buy-and-hold deals personally over a long period of time and I'm looking to ramp up my activity significantly.

Why does the majority of wholesalers "downplay" that they are not the final buyer?

This seems the best engine to get into buy and hold.While my credit score is in good shape at 793, the down payment is the major roadblock.  

We have some experience with SFH's and duplex properties but have not done anything outside of residential until now.This property we are looking at has major roof issues that currently make it unsafe, but the rest of the structure looks like its in decent condition, I mean its an old brick building.

What are some major questions I should ask.

Hello BP, Looking for a little advice.I purchased  a quad-plex approximately 8 months ago and everything seemed fine but then stuff started to fall apart. It was a fixer upper but when 3 of the furnaces failed within ...