If thats true, it might be worth looking into getting a roommate (s) to subsidize your current mortgage and allow you to save more money quicker provided your living situation would allow it.

Even though I am an agent I still allow them to help me find the deals.

if you can manage to get through their program its pretty neat deal really.not sure if they allow MF .. maybe though..

Hi everyone, not sure if this is the right place for this or if it’s allowed.  

I put the few questions in parentheses.Thank you,TonyPlan:possibly start out with small, unimproved/vanant land1)Find buyers and make a buyers list--Market your wholesaling business---Using bandit signs "I sell houses dirt cheap"---Business cards---Internet---Real estate meet-ups2)Find a lawyer that can help make a contract--due diligence clause--option agreement--allow both parties to know who you are representing to avoid legal disputes (buyer & seller)3)Find my target area where I will do my house searching--Using the County Appraisal District4)Find distressed properties--Tall grass--Piled up mail--Boarded up windows--Take a pen & paper, take notes and pictures of the property5)Create an excel spreadsheet of the property--Owner-occupied?

IncomeRent: $3600Laundry: $50Sub Total: $3650Expenses @6% INTP&I: $1769Taxes: $317Insurance: $120Vacancy: $365Repairs: $365CAPEX: $365Management: $365Total: $3666Difference: $8As I adjust the offer price I get the following numbers:INT 6%, Price: 295000, CF: 8INT 6%, Price: 275000, CF: 128INT 6%, Price: 275000, CF: 278I would personally manage the property allowing me to save the 365/mo in management fees for the first few years.2. what are your expenses every month?

what's an fair offer.how can you find a property where you are not going over your maximum allowable offer?

City might not allow it.

Most people have student loans, but the GI Bill allowed me to finish school without debt.

I am pretty strict on our policies and its because if you allow one tenant to get away with certain things then their neighbori will also try the same thing.