But just realize that there's a fast track and a slow track.

But you're off track.

We were considering dividing ownership when it comes time to sell or move by keeping track of all downpayments, mortgage payments, and maintenance payments and calculating a strict percentage of property value.Could I please get some feedback on lending possibilities and things to watch out for, as well as models for determining percentage of home ownership in a joint situation?

The prior post is right on target in that you must track down deals where the buyer is ready to sell at a major discount.

That covers my marketing to buy and sell the property and other overhead that is required to stay in business.If you need to make more money per deal as a wholesaler the key is to buy the properties for lower prices so you can factor in a higher profit.

You WILL have vacany and you WILL need to make repairs.Without a track record for the property you will need to make your best guess for vacancy and repair.

Not to mention Dale Earnhardt Jr. is expected to build a 6 track speedway surrounded by a dozen hotels and numerous restaurants.

Especially if I haven't done that type of investment before and have no way to know if they are on track or not.

Especially, when you come from opposite sides of the track in your thinking.

A friend of mine that makes $300,000 a year, works at home (no overhead), has awesome cars, trucks, bikes, 4,500sqft home with 3 bay garage, always vacationing, partying and he was always depressed.