If you buy a house with a $1,500 mortgage, you also need enough to cover taxes, insurance, and maintenance.

The most important thing here is do you know what to say when you do get in touch with the owner.

To that end, in most cases even if the properties are owned within an entity, the principles (investors) will need to personally guarantee the debt.

Im down to put the work in but want to know 2 things...what would be the most efficient and effective way to use my time to get houses under contracts and to close deals. 

Like I flip houses.

Got it for a steal, so we have a lot of equity, but the house needs a lot of work.

With your extensive experience in remodeling and radon mitigation, you'll be a great resource for anyone needing radon testing or mitigation solutions.

Quote from @Austin Schubert: Quote from @Chris Seveney: Quote from @Austin Schubert: Would anyone have a sample template of a proposal that you've used in the past that goes over how your structure a deal with a private money individual? 

Both in IT.

My name’s Forrest Webber, and I'm an acquisitions agent and real estate investor based in Austin, TX.