Perhaps you can supply some details so others can better network with you?

In general if you are new both are going to take a lot of tie as you figure out the details of doing the business.

I haven't followed up on the details, so maybe one of our TX members will chime in.I would only proceed if 1) you can buy below market (and YOU must figure out what market value is), and 2) you're not locked into anything with the existing tenants.

This is a difficult question to answer without knowing a ton more details about u.

They filled every detail in the application form and then some more, which gave me a good indication even before I did the screening that they were giving as much information as possible to me.I have decided to offer the lease to them and as a newbie learning, I have even more questions. 1.)

I would like the opportunity to talk to you in more detail about your investing goals and I can share mine as well.

A triumphant post outlining the details of my very first wholesale deal and what an unmitigated success it was.

This are the details of the property.3/2, 1000 sq ft living area , 7500 sq. ft lot...REO owned by the bank, it was being sold at 64K with a note on MLS saying "This property is being occupied w/former owner.

I just pass all this info to my CPA and he sorts out the details.

Fabian Johnson Maybe you can give us a little more detail?