Basically its somewhat the same as the lender doing an escrow holdback of 1.5% of the total project costs.

I always wanted to have success like that but always thought it was some abstract concept that i could never obtain.

Basically I would treat it as if I were the hard money lender on the project even though I am just guaranteeing the money and not actually putting it up.

Recently I came across the concept of wholesaling lease options and am extremely intrigued both because I feel that it would be an awesome way to enter the game with little to no risk or money out of pocket and it seems like it can be done in any market/economy/state regardless of where I live.

Recently I came across the concept of wholesaling lease options and am extremely intrigued both because I feel that it would be an awesome way to enter the game with little to no risk or money out of pocket and it seems like it can be done in any market/economy/state regardless of where I live.I ask, what do you guys think about wholesaling LO as my first RE venture from Chicago?

I read an article recently that focused on Reno, Las Vegas, Bakersfield and Detroit basically saying the purchase price to rental price was great.There is a new CA agent that just joined our office who is from Las Vegas and has been doing seminars at our office on investing in Vegas SFR and Condos and renting them.

Basically about my self I am an entrepreneur looking for something that can pay me well.

Some fundamental concepts are timeless and bare repeating so they become fundamentals for a new generation.

Basically, you need to spend (IIRC on all of this) three midnights in a hospital you can get skilled nursing benefits for a short period of time. 21 days comes to mind, but I'm not sure.

Hi Jennifer,Um, basically I got all my info by asking questions on this site.