I want to use the equity in this property to buy another property later on but don't want to come out of pocket for 10% to him then another 20% when I refinance since it's already rented.3.

@Justin MurrayWelcome to Bigger Pockets.

Trying to become a lot more involved on Bigger Pockets as it seems to be the way to go these days when trying to connect globally.

Whether you find the deal directly from the current owner or from another wholesaler, real estate is about being good with people.As for the specifics about finding deals, the Wholesaling section of Bigger Pockets can provide far more resources than I can in this one post.

Yes I was informed by a different bigger pockets member about the neighborhoods they are in. 

I have learned so much in just two weeks thanks to Bigger Pockets. 

Unless you have very deep pockets, are investing in a well known and proven never lose high appreciation market and have loads of cash to park that you will never have any use for.

In other words, my income on my pay stub is not a whole lot, but the total value of the room and board (I pay for nothing else out of pocket - gas for my car, utilities, internet, groceries, and so on) is valued at much more.

@Mark Zarragoiti Welcome to Bigger Pockets!

Hello Bigger Pockets!