We tried to keep as much original as possible since the house was over 100 years old, but decided to just gut the Kitchen and Bathroom since they were awful. 

A possible work around...

HELOCs are more difficult to obtain on rentals but it is possible with some banks.

Always remember to do the math analysis and try to look at the subject property or at least have a clause in the sales contract that will allow you to inspect the subject property and possibly back out of the deal without a penalty that will hurt you.Do not try to do everything yourself.  

I am here to absorb as much information as possible to succeed in real estate.

Or even possibly another option that I don't even know about.

what is the maximum profit you can make on a wholesale dealis it possible for the seller not to know about your profitCan the seller legally put you in trouble about how much profit you make

Hi everyone,I am a new investor and am currently in the stage of educating myself as much as possible through reading real estate books, listening to the bigger pockets podcast, and hanging out on the Bigger Pockets site. 

I hope to network with as many of you as possible and take down some deals!

Always remember to do a math analysis on your selected possible property and try to look at it before you make an offer on the selected property or at least have a clause in the sales contract that will allow you some time (about 15 days) to inspect the property and possibly get out of the deal without much of a penalty that won't hurt you.Just select what is normal for that neighberhood and do not over-rehabilitate.