I’m quite fed up with my position and would like to start my own company.So, I was thinking if I bought under an interest only loan that wouldn’t suck up all of my savings and my payments would be significantly less.

They make no noise, take up little space, eat next to nothing, and it's not like they can run away.You said: "I have heard of many people going this route in purchasing a home.

I have done quite a few of them in Amarillo, Texas.

- if I will fail, he is going to eat me with my bones.

Now, it's a matter of dog eat dog.

Investing in HUD homes can be quite lucrative for wholesaling as well, I love them because unlike most homes that I bid on I dont need to do a cash, 2 week close to get the price rock bottom, HUD doesnt care.

Hello, I'm new to the forum and just spent quite a bit of time searching without luck for a software package for real estate investments.

I think after reading quite a bit of material that I'm getting a pretty good understanding of the Wholesaling strategy but I've one question:Are you supposed to offer 50% - 70% of the ARV or As Is Value or the asking price?

Simms,what you're running into is quite possibly what one lender requires.like MikeOH said, there are many ways to finance the purchase of real estate.different lenders have different standards.basically though, many will follow the Fannie Mae way of loaning money - in order to be in compliance with them so that they can turn around and sell the notes, hold them or do whatever they want with them.

Quite the contrary, I won't even consider purchasing a property unless it is at least 30% below market value.