Originally posted by "charles whitaker":Like Mike said, wholesaling to gain quick capital is quite safe compared to other methods.

Look like a good investment but the problem is that I don't know what kind of REI method I should use.

I think I am going to pass on this one.The next house we looked at was in need of just about everything but structural work....from the looks of it it seemed like an okay investment; then I go into the basement (to be honest with you the place kinda creeped me out; I think it creeped the realtor out too because she didn't walk around with me); in the basement there was water on the floor and it smelled like a serious water leakage problem....I told the realtor right then that I was not interested in this property.

We pulled up the property on his PC & he made some calls etc.I told him the target price I'm seeking (under $200,000), & I observed his method for searching properties on the PC, which was for $220,000, he was confident he could negotiate the price down.Regarding the fees.

He actually showed me some pictures and told me that there were probably some un-permitted bedrooms but the overall structure seems to be permitted.

Disclaimer: I work with this startup company Hi Mike, I'd like you to try out Structure.

Is this a wood frame or concrete structure?

I was told that any loan on a 1-4 family dwelling falls under the new law regardless of financing method.

It does give you a lower barrier to entry than many other investment properties.While it is tough to get any cash flow in this general area with that method to start.

If they can't tell you then maybe for this area you need to include a line at the end of your letter stating that if the recipient would like to stop receiving your letters to please call, email or write to you (whichever contact methods you provide).