Technically it was still in b of a's name.

We do own our home here in Shoreline, so technically I'm already invested up north, but if I knew then what I know now...

There are a good number of fellow Canadians too; @Roy N. is especially knowledgeable and can be a great resource for your technical inquiries, even in QC because, as he mentions, he has some experience there and your province can be different in areas of taxation and law than the rest of North America.Replacing your previous job income in such a short time is a tall order for real estate investing so best of luck to you!

I'd share the time I made $18k over a round of beers and one phone call from a wholesale but technically I used 16 years of formal education & that sorta hurts my hourly rate :)

thank you guys for the repliesI got these steps from an investor who gave a class that has a law background - and for step five his selling point wast that you have to deliver marketable title at closing not at signing - that's why he said that it's legal to sign a contract with the buyer first before having the actual property - but I agree that if the deal is good and you have a good buyer's database - it shouldn't really matter if he signs first or not and just puts an additional risk that doesn't need to be there - just my two cents and was looking for other people's opinionsthanks again!

From there, I created a plan, and my goal is to purchase rental properties in order to implement a buy & hold strategy in secondary and tertiary cities that are rapidly growing.From 9 - 5 I work as a Technical Recruiter and am actually transitioning into web development after taking courses for the past six months.

There are a few in Alabama I can suggest: Wes Russel - http://russellcocpa.com/4020.html Rob Burns - http://www.jessupllp.com/ If you want more names with specific backgrounds, I can ask my wife who is a CPA here in Birmingham Alabama.

Having some background in construction, fix and flip is what I would like to concentrate on but wholesaling might be a better way to begin.

When someone posts on BP, you rarely know their background or level of experience.

Since there is no approval on the second mortgage, you technically do not have an enforceable contract (all said assuming standard SS addendum is used - nor am I an attorney nor do I play one on TV or the internet).