Thanks @Kurt Michaelson, I've seen many of these "wholesale" contracts, unfortunately I don't think they are detailed enough to protect me.

Here are some of the details of our current home :-Home Value: $186k-monthly mortgage after escrow and PMI: $960-homes rent for around $1300 in our areaWhat strategies would you employee?

I have a complete plan behind wholesaling which is too detailed to put in this post. 

@Linda Ford , we need a lot more detail than that to help you with your questions. 

Here are the details...Owner occupied 3/2 Mobile Home built in 1995, sits on 1.1 acres. $90k asking $125k ARV.

So far my value add deals (600 doors currently) averages over $6,000/doorPlease can you give me more details on how you’re accomplishing this?

They will give you some great insight, just not to the detail of an appraiser who will do a full report.

@Brian McmenaminI’m sorry it wasn’t detailed but there’s No sense going into a long winded explanation when It’s a negative cash flowing property that will go into the hole

The most important thing is having enough cash reserves to weather a economic downturn and to ensure your properties are only 60% leveraged.Perhaps make a post asking if there are any investors here that speak your native language and see if they can help fill in details. :)

(Home in TBG for Xmas however 😄)Thanks for the detailed answer Morgan.