While this last practice may seem overly challenging or even burdensome, it is a sales technique that will always be available to the motivated entrepreneur and that has withstood the test of time while getting many new and under funded business ventures on their feet.Your appearance when meeting the prospect plays an important role in creating the right impression and achieving a positive influence, but not in the way that many people think.

But, I never have paid cash (funds which were generated internally) in the history of my business.

That is, I go in and get a quit claim deed and then close with the end buyer and pay off all the funds.

I hoping that my friend Lance from California and i could find some people to fund some of our deals.

If the tenant is "inherited" they would not be eligible to apply pool funds to.I think the key to this one is figuring a fee structure that makes sense.

He is now offering wholesaling system with other bonuses inlcuding that his students will get proof of funds and funding opportunities for their wholesale deals.

I don’t think that would be a smart business decision on the lenders behalf to allow that to happen because they don’t know if the new tenant will have substantial funds to pay the mortgage.

That assume you use hard money to fund the deal and you hold it for six months.

You are buying the house, providing the funds to the seller.

Assuming that maintenance and repairs will cost 20% of gross rents (I believe this number to be way north of what it will actually cost) we arrive at $1,015 for maintenance and repairs.I will also have an extra $2,000 in a revolving CD ladder as a slush fund to fix whatever Murphy's Law throws at me.So:Gross rents: $5,076Taxes: $701Insurance: $766Debt service: $2520Maintenance and repairs: $1,015Cash Flow: $74I realize this will be basically a wash as far as cash flow for the first year, but I think I have all my bases covered as far as projecting what expenses will be.