On the flip side, an all cash earnest money will almost positively get you that property, but still a big risk to take that I would say is unnecessary.

@David Beard Definitely complicated.

Share the details here and we can do our best to guide you forward, but there is no replacement for having a trained eye live and in the flesh to help through what can seem like a complicated process.On the question regarding wholesalers not being perceived well, its because the barriers to entry are low, and there are a lot of people out there bringing non deals to market that should have never been.

The loans I've worked so far with haven't been complicated by assignments or multiple investor owners

Sometimes banks have motivation to get rid of properties that have become complicated foreclosures.

Is it more complicated than a regular wholesale?

Also you don't need to do X amount per week, your making it too complicated.

If you don't put that money aside first, it's too easy for the trivial and unnecessary expenses of life suck away your earnings.

Hey Josh,Good question, but there's no right answer to the question :) It really depends on your family's situation, and I would think with children in the mix it gets exponentially more complicated...cleaning up properly, keeping power tools out of the way, keeping hazardous building materials away from them and out of precarious storage positions.Actually, my wife and I are under contract on a property where we're going to do just what you have described.

You guys are all making it too complicated.