I grasp the concept.

.; etc.In addition to this, the concept of wholesaling in my market is typically only beneficial to the purchaser/investor.

I now know what I envision at the end of my path - a respectable multi family portfolio that provides passive income that will secure the financial future for myself and which can be used as an educational tool to introduce my two young daughters into the concept of entrepreneurship around real estate.  

Purchase price: $72,000 Cash invested: $45,000 Sale price: $165,000 3/1 ranch, 1024 sq ft, full basement (one side finished), family room addition, open concept living/kitchen, large lot What made you interested in investing in this type of deal?

@Chris Mason is telling you if all the threads about delayed financing are too long to read, he is summarizing the concept for you.The first thing I'd do is identify a market you want to invest in while getting your credit situated.

It's a very simple concept that few people understand because reading is laborious and most people don't like to consume that much content. 

@Raul Lopez as @Joseph Firmin said read some books to get the basic concepts and do not try to push anything onto her that you or her don't FULLY understand. 

This is a hard concept for new investors to wrap their mind around because when you go to buy a primary home for yourself, every lender has the same guidelines and all you really have to shop for is rate and maybe closing costs. 

Anyways, over the course of the past few weeks I have been using the BP Rental calculator in order to practice learning the basic concepts behind analyzing properties.

Needless to say when I was introduced to this concept, I took my equity and have started expanding my portfolio.