It may be some hard work on your part but it will be easier than handling a claim yourself.Just my opinion.

It would make things so much easier I think.

I'll have to look into that some more to learn more about it.I do like the idea of having a separate account to keep the accounting a little easier.

My opinion is that wholesaling is probably the most difficult strategy to master.If you have remodeling skills, the odds of making any real money, are much greater buying, fixing and selling.It would likely be much easier to find someone in your area to team up with/teach you how to make money with a fix and flip, then to find someone to teach train you how to do a wholesale sucessfully.

Building located in good location with plenty of parking.Asking price: $1,250,000.00Gross inc: 264,000.00OE: 120,700.00NOI: 143.000.00Maintenance appears to have been kept up and facility seems to be in excellent condition.Any thoughts about this and what I should be considering given my lack of commercial experience?

Building located in good location with plenty of parking.Asking price: $1,250,000.00Gross inc: 264,000.00OE: 120,700.00NOI: 143.000.00Maintenance appears to have been kept up and facility seems to be in excellent condition.Any thoughts about this and what I should be considering given my lack of commercial experience?

The trip of a thousand miles begins with the first step.Since you appear very new I want to encourage you to read the Learn section above, it is loaded with great info.

I would think if you own the property free & clear it would be easier for them to foreclose to collect their lien even if it wasn't in a super-lien state as they don't even have a first mortgage to worry about, although not a lawyer so don't know for sure.

Pre-foreclosure is the niche I want to learn and operate in but it appears that I still have much to learn.

They make a wholesaler or rehab investor's job that much easier.