The whole concept sounds like a BS concept, designed to generate fees for them and provide no real value to the user.

So $400 in negative cash flow.

Are you constantly around negative people?

Welcome to BP.Q: I like the concept of MFH investing, where should I start?

That’s how good it was.From laughs, to strategies, to laws, to just getting perspective on any of our concepts, Biggerpockets has created a very nice resource and community.

I don't want to set up a negative precedent by letting something like that go.

Currently I wholesale about 60 properties a year and I have just heard of the concept of Sub2.

So I kept doing research and the concept seems pretty straight forward, and from the looks of it, it IS legal as long as its done correctly but I still have my doubts.My questions to YOU, the more experienced "creative real estate investor", is wholesaling indeed a legal and ethical practice in the state of Wisconsin??

I'm interested in beginning to wholesale but still need help understanding a few concepts and finding the resources i need in my area.

While the basic concepts can be understood from one of several books on the subject, they are notoriously unreliable for the state specific information.