Hi Dexter, the concept you are describing is fairly common and I think could be very successful.

The concepts are simple, and I grasp them easily, but the reality of implementing this is daunting.

Good morning, I just wondered if there was any major difference when wholesaling land or commercial properties, or if it is the same basic concept as wholesaling a SFR?

You could create a base concept and build on and change things from there with each approach to lenders since each lender is different from the other in what they value in a loan/deal.Don't just look at the lenders as lenders, you should look at them as your partners and threat them fairly.

The concept is using your own money to buy a property,add value by rehabbing Rent a seasoning period Refinance at the greater after repair value.Repeat because you got your principle investment backBRRRR

Granted, if you're not of child bearing age or avoiding conception, then your risks are minimized.

Just mortgage, cell phones, insurance and related house hold expenses (besides mortgage) Any help offered would be greatly appreciated.

@Matt HauthI have a web development business and co-founded a payday lending alternative company.I'm actually in the middle of an venture accelerator program for a crowdfunding concept targeting local businesses.

I was not able to complete the course and I'm really rusty on the concepts. 

I understand the concept behind purchasing homes for investment purposes, ie the 70% rule etc.When the goal is profit the margins need to be a certain amount to ensure that profit, I get all that.However, when it comes to just buying a property for your own use, where the concern goes from profiting to just spending less than you can make on resale, what's a good method for choosing a home?