One example of a wholesale I did this year was a home I picked up for $52k 5 bed 1.5 bath, Well I was waiting to close it I called around to a few investors, I ended up selling it the day I closed without lifting a finger for $64k on a 6 month lease option with a $2000 extension fee.

Knowledge is truly power in this industry and to build a solid client base you need to be able to add value to the deal.

My problem is this, I am ready and the only thing that stops me is I am not the one with the money, but I have the drive and knowledge.

Also take into consideration I have no idea any terminology nor do I understand even how to go about buying a house.I hope everyone understands I am a beginner (just like you were) and I am trying to build a solid foundation of knowledge first.PS: for those who are going to remind me "experience tops book knowledge" or "Just do it" or “buy low, sell high”......ect please don’t post; I am looking for people who can help.

I like it.Welcome to the forum.Echoing Wes, some of the past postings can give you a real head start on your knowledge quest.

I have also had the opportunity to network with some very knowledgable and wealthy people.

:lol: Now on the flip side, the amount of rehab that all but 2 of these properties needed was extensive.

Property Type:Residential and Commercial, investor properties onlyLien Position:First Mortgage onlyLoan Amount:$25,000 Minimum to $500,000+Funding Rate:Up to 70% of the After-Repaired-Value (ARV)Standard Term:12 months with monthly extensions possible.Standard Interest:Typically 13.75% with no payment due in the first month.

I need to know what I need to do to really get the information on it so I can present it, and obtain knowledge for future investments.OK, now for my second issue, I have relatives who have land in a town called Caryville, FL.

Action, knowledge and enthusiasm always form a great combination.