As I recall, these are pretty basic houses.

I have a court date with the tenant on it this thursday.

Try to get as much time as possible...so if you have a 45 day option for $100,000 and you find someone to buy the property for $110,000 you make the $10,000 (obviously it's more detailed than this, but you get the basics).

Basically the discussion came down to what to include.

You basically just bought it "subject to" for nothing!

I will start off with some basics: I work full time in the tech industry and make a decent income.

i guess my first priority right now is to learn some basics first, i dont even know many of the terminology yet. secondly i guess i should start saving up money and building credit!

If an attorney is able to show your LLC is under capitalized or setup specifically to evade liability the court can wipe out all of the protection you thought the LLC provided.Also, say for example, your LLC owns rentals and you personally manage those rentals.

So basically the main difference between a bird dog and a wholesaler is that the bird dogger just finds the property for the investor and the wholesaler actually puts the property under agreement and then shops it to his investors?

I sent a letter to the address basically saying I might be interested if you would entertain selling and I may be able to make it well worth your while.