I guess, firstly, I need to even find out if wholesaling is even legal here in Ohio or not before I go any further.I'm really looking forward to getting to know everybody and continue learning from people who have had their skin in the game for quite some time now.Thanks so much,Jesse

I know that there is more than one way to skin a cat and would appreciate any input on the topic.

I know that there is more than one way to skin a cat and would appreciate any input on the topic.

I have been actively acquiring Notes for passive cash flow since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.

That does not change the nature of the transaction.  

I grew up around multi-family rentals, so that is naturally what I gravitate towards.

The Section 8 tenant typically pays the security deposit out of their own pocket so this is a good way to make sure they have some skin in the game.Another thought is market to Section 8 tenants that work for a living.  

The best thing you can do starting out is team up with an experienced investor to help you get some skin in the game.

If nothing else, what will REALLY happen, is you will be misused and/or lied to, and be used to fund GAP payments of hard money lenders, where your money will be a points payment on a GAP payment to make the loan overall come as close to 100% financed as possible with minimal skin in the game.Pretty much, the fall guy on your average house flipper, who has grandoise dreams of millions of dollars of profit, but wants little to no risk to themselves, and wants to do everything with someone elses money.

So naturally I sat down and started to do this.