Now obviously to sell to other investors means you will have to buy at a significant discount or a at non-retail (wholesale) price, but the biggest component to wholesaling is selling quickly to OTHER investors for cash.

Lending libraries, lots of networking time, great speakers, members who have services on offer that you really would benefit from, discounts for members so the cost of membership is effectively free.3.

I think they would rather just get paid in getting a good discount on a wholesale deal you sell to them instead of 20% of 5 deals.

10% discount, 20% discount, 30% discount?

If the seller is willing to discount it at 60 percent then my buyers will be interested.

You have to make sure the underlying business makes sense, has trustworthy management, and you purchase the companies at a significant discount that you have a good margin of safety.

Then I take your loan balance, $19,776 and using the discounted cash flow/present value functions on my financial calculator and calculate back to determine how much (or little) I have to invest today to buy that mortgage in order to turn its (face value) yield of 12% into a yield to me of 20%.Back in grad school and when I worked I was actually pretty good at doing this.

In addition, I wouldn't buy a property unless I got significant equity at closing (bought it at a big discount).

NOTHING.When a lender is discounting a note (meaning they are losing money), they do not want the homeowner to profit from the transaction.Here is where it can get dangerous.....Last year, a national "guru" on short sales did a boot camp in Dallas.

f=41Or you might want to try getting involved with REO properties and picking them up straight form the bank at a discount!