I really appreciate this kind of feedback and am likely to cut a deal with them to get it rented.

I am a new wholesaler in Phoenix, Arizona and I am trying to find the best information on how to be successful in this business.

What made you interested in investing in this type of deal?

I am a new member to BP and literally can't absorb all this information fast enough!

I am not going into this jungle now.

This is without paying discount points or buying down the rate. 

I believe an effective approach is to include a seller concession in the purchase contract, specifically as a seller contribution towards the buyer's closing costs.For instance, we had a case with VA buyers where we implemented this strategy, allowing a portion of the loan to be disbursed to them in cash.

Is this a separate account from the pro account?

My question is would it make sense to save for down payment for another primary residence and rent this home out with negative cash flow to get into the REI game.

This is a fantastic place to gain some insight into the REI world, particularly for those starting out.