Is it a negative the house isn't vinyl or can you turn those lemons into lemonade and use it as a selling feature?

The concept of cheaper private insurance kind of wrecks their plan.

Due to poor grading and drainage for the last 25 or so years, there was a negative lip abutting the front of the duplex that had to be corrected.

In other words holding onto real estate in the Las Vegas market will yield you that return.If you go owner occupied, then rates for FHA and VA will exceed that yield at least with the mortgage insurance built in.Basically, you will be buying at a close to negative cash flow and only be hoping for future appreciation to offset your negative cash flow.

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 lender gets about 90% of the properties actually offered for sale, as there is little to negative equity on the property at the price the lender is willing to take the bidding.6.

Also why so negative about what you're doing.

I don't have any equity in the property right now (probably slightly negative).

I don't mean this to sound negative or rude, but why do they do that?

They do not want those negative remarks on those.