If I had paid a "retail" price, I would've lined someone else's pockets instead of my own.

You can work a sub2 deal, and then assign that sub2 deal to a retail buyer (assignment of mortgage), or you can sub2 and sell the home on a land sales contract or mortgage wrap to a new buyer.

If I use this, I would have to use it on something at retail price, as most all of the wholesale deals need work and would not qualify.

I've had my own online retail store and I ran a wedding invitation biz for awhile, but I ran out of steam for both.

Basically the person being interviewed bought properties near retail value and made money.

Im questioning if there is enough meat on the bone for me to retail it.

However, after marriage and children, I put my dreams on hold in search of what I thought was stability by way of a regular occupation.I've had a passion for real estate since I was 19 years old, but I've either been afraid to start, affected by the slow process, or allowed adversity to derail my plans.My goals are to get my Real Estate License, and work my way up to be successful on the retail side as well as the investor side.

That would give you NOI pre-tax to meet your goals.You could also go after a retail strip center or a value add type of deal to force appreciation.In commercial it's all about the NOI and not comparable sales to drive equity growth and cash flow.

I have spoken to three local RE investors and they told me they have bought at 80-85% of retail and they were happy with that number, one of them even bought at 90% and still made a profit when he sold!

You are buying a property from a Realtor so that means fair market retail price.