The key to whole loan investing is learning and understanding all of the aspects of the asset.

Personally, all I want is an address, a price and a couple pictures to indicate the general condition of the house.

One you know what you want to do I believe one of the absolute keys for new investors is to learn how to evaluate deals and property values.

John Thedford, the cost doesn't really concern me and I don't think it is an indication of their success at placing tenants.

The two basic ways to wholesale deals are to assign the contract or to do a back-to-back close, as you indicated.

M Ness,I do NOT give the keys to the tenant, until they provide me with proof that the Utilities are in their name.

You could do the "cash for keys" deal -- meaning pay them to leave.

He explained that he couldn't wait on his money and so decided taking a loss was better than his other options...when previously had given no indication to his lowest acceptable offer - which I wrongly assumed was what he paid for it.

Provide some indication that you're willing to stick with it (I like to see people who have gone out and gotten their real estate license, as that proves to me they're serious about the time and effort).- 90% of those who ask won't have access to enough capital to do a deal.

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