Since I am new to the concept of Wholesaling and I am finding my self going into information overload is there a step by step guide to keep me on track.

The best way is to do balance transfers off of a line that has check-writing capability, thus freeing up that line for more check writing.

From there you can usually track them down.

Sounds like you're on the right track.

Sounds like you are on the right track.

This was done to track late rent payments that occasionally trickle in on the 2nd and 3rd.

Unless you are bidding thru a team or only tracking a single property, it's hard to deal with the lawyers but probably cheaper.Again, just a theory.

No one else is tracking your savings goals but yourself, so you might as well understand those costs now rather than be disappointed later.

You can get owner financing, buy subject to, and a number of other low to no money down strategies.Be careful at RE seminars, most are run by gurus who prey on those looking for the "fast track" and a large majority of your book education can come from right here on BP and from reading books.

We also supply a 24 month operating budget and a five year proforma.I would include in the narrative any relevant experience you or your partners have and if you have one, a track record of previous investments that you operate currently or that have gone full cycle.