I am very interested in breaking into the downtown market of Newark, most of our stuff is west of town and I feel that downtown has the chance to appreciate the most.

Let's assume 15% of ARV to increase your chances of finding that investor. $96K based on $640K ARVYour wholesale Fee:  I'm assuming you're looking for at least $10K on a deal this size?

Even the story about the dog who attacked the boy, but was saved by the cat....it was convenient how they barely made mention of the dog's breed and how they focused all on the cat (granted it was amazing).

I started in 2006, partnering with my mom to buy my first house, when I could barely afford an appraisal, let alone a down payment.

Just know going into it that there is a great chance the bank is not going to work with you.  

Built in 2007 a lot of growth in the area very good chance equity will come into play but that is icing on the cake.  

It's free for them.and can report to credit bureau which increases the chance of cashing out at any time. 

I'm toying with the idea of purchasing a less expensive property outside of my local area for buy and hold purposes, and also toying with the idea of putting an LLC in possession of the property for legal protection and to reap the other known benefits of having an LLC...However, I don't want to ruin my personal chances of getting an FHA loan for a more expensive home in my local area with little down as a first time homebuyer, and I wondered what the word was.Do I still qualify for an FHA loan even if an LLC in my name is in possession of habitable property?

I've been reading and researching about REI for months now. seriously been so excited can barely sleep at night.

There is a chance the seller has equity, and if he does he be wanting walking money.Joe Gore