You may get better response if your topic How to wholesale a rental property with tenants occupying were in the 'wholesale' category.

There are numerous options that must be considered and many costly mistakes that need to be avoided.

It is just a question of which methods you prefer.The key to wholesaling is to generate as many motivated seller leads as possible.I like craigslist and bandit signs.But there are numerous other avenues also.Some are driving for dollarsGet a list from list providerWebsiteLocal REIA meetingBirddogs(mailmen,friends, co-workers,etc)These are just a few ideas.

@Justin Glass,I never recommend loans with balloon payments for either party for numerous reasons.K.I.S.S.

Heck my first personal home was in Schererville, and I have built around 100 new construction homes in and around your area.I have a few friends around you with numerous investment properties, and your in a great area to realize great cash flow and appreciation.

There have been numerous forum discussions and articles written about LLCs and business structuring.

I've since found numerous useful posts here and have decided to join the community to learn more, and hopefully give back to even bigger newbies then myself :)-Josh

There’s no right or wrong answer, just personal preference.In general, I don’t agree that more risk always means more reward, but from the numerical point of view of leverage, it’s true.Most important Linda, is to make sure you can sleep at night.

I assume and read numerous posts that I need to build up cash flow but am I limited to flipping?

She has 30 years experience now, numerous additional credentials beyond her degrees, and has consistently received very high praise from her supervisors and clients.