When you get points on a loan what you are essentially doing is just paying interest in order to get a lower interest rate and not actually putting money into the house, correct? 

I hope I posted this in the correct place, and I hope to get some good recommendations here.Thank you.

Am correct in thinking its Interest Amount/Term rate? 

Otherwise, there is also a moderate pricing correction. 

So theres a ton of talk about being over leveraged, a downturn or correction is coming, etc etc.

The only tax deduction that doesn't represent an actual cash outlay is depreciation, which you're going to have to pay back in capital gains when you do sell the property, as opposed to now where you can avoid capital gains entirely.Not to mention we are in a hot market with signs of a correction on the horizon.No brainer.

Wholesaling, when done correctly, will make you an asset to investors and distressed buyers.

So I can wholesale this just would need high earnest money correct?

I am only interested in getting the job done correctly, but after thinking about the extra time I will spend, the buyer that I lost, and the extra monthly HOA payments I'll be making, it seems their inaction and not doing what was asked correctly, is now costing me money. 

I am using a split transaction to itemize the expenses/proceeds to total the selling price, correct?