Your LOI will have to state the amount you are planning to put down as a EMD within 2 days of signing the PSA.This is typically around 1% of the purchase price.You will also need another 0.5-1% for out of pocket expenses before closing.For a $20mm property, that is about $300k out of pocket before closing.You of course also need the credibility to be able to get the property under contract and the ability to close thereafter or kiss the  money you put up goodbye.

As you're seeing, of course, things outside anybody's control can impact this - and Hawaii also has the potential to get affected by hurricanes, on the natural-disaster front.  

The thing that brought us together was going through a year-long training program.

Of course, that would have cost more than the monthly rent, I'm sure, which is why you went with the fans and the window A/C units.

o.O Kiyosaki totally changed the way I thought about debt.)Of course, if your DTI is keeping financing for your deals out of reach, you may want to opt to pay at least some of the debt off now.

Amazing how many deals get lost because of poor training, education, and simple Math .

I think I would do better with hands on and personal training as I get distracted when going through Web videos etc.   

There is a a course taught by Lloyd segal for flippers and wholesalers.

Yes, of course its BS. 

A potential deal came my way on some rather beautiful land with a golf course, 6 acres.