. :) Of course all dollar denominated debt would still be less relative to your earning power.

I've been through a number of forums today and there seems to be a lot of "doom and gloom" out there relative to REI in general and wholesaling in particular.

After you put in your address you’ll notice Cyberhomes returns the property with price, physical characteristics, neighborhood and economic stats, and other useful real estate related information.Now this is where you can take the estimate further by adding your knowledge of the property and local area.

Mike Mike, congrats on understanding the word intrinsic as it related to real estate......

Now, I have a relative who is gainfully employed and has around $70K cash liquid.

As with anything cap rate related, whether it cash flows or not depends entirely on how much a person puts into the down pmt.

The bank loans at a significantly lower rate than most private lenders and it's relatively hassle free getting a commercial loan (once you know what paperwork they require).If you're doing quick flips, a commercial line of credit is ideal.

I cannot get a loan from a traditional bank because my credit is relatively new (I'm a college student) and I don't know any hard money lenders that would lend only 10 or 15k.

Lis Pendens Filings •1681 Mortgage Related Foreclosure filings •1775 total Lis Pendens Filed •88.4 Per Diem in filings •121 per diem filings for the month priorDeeds Via Foreclosure682 Deeds were transferred via foreclosure from the courts.Notes•The same players in filings and deeds remain throughout the trend •Fannie and Freddie getting lots of deeds •Countrywide appears to be working on the backload.

Seriously, your problem is not that bad (relatively speaking).