I was so happy to buy with no money down I took it knowing it was a negative cash flow.

Or the rent is not as high as expected and after refi the property is producing negative cash flow month after month.

The beauty of wholesaing lease options is you can work with properties with equity, little, no or negative equity and you can do them anywhere in the country (except Texas) as long as you have a phone and access to the internet.

But almost always the contractor will limit those given to you to people who have been pleased with the work that was performed; rarely if ever will you be given the contact info for somebody who had a "negative" experience.I would look into whether there are any pending lawsuits (small claims and up) against the contractor.

You add all that stuff up (income is positive, expenses are negative) to get a new rental income.

Not only that, I don't think my obsessing helped one bit in getting this house moved.To ensure I didn't have a negative cash flow issue (something I have vowed to avoid at all costs) I had to put someone in the home for $1000 down (this just covers the referral fee I am paying the real estate agent who brought me this deal) and $780 per month (my mortgage is $696).

I don't see how showing your credit report is a negative for you, especially if it is good.

You're definitely right that my youth can be used as a positive instead of a negative.

If by using 75% leverage and a property has negative cash flow, placing more money down to turn it positive does not make it a better deal.

Since I keep thinking about it regardless of how many times people tell me that it's risky and hard to do, I feel that real estate has enough appeal to me that I can use to push through challenges that I'll face.Every time I mentioned real estate to anyone around me, I got only warnings and negativity, especially considering my age.