That being said, I'm not opposed to a little hard work and "payment of dues" to learn what we need to learn to be successful.

Sometimes it's done so after seasoning period, it easier to refi for better rate and terms as oppose to a cash out loan.

Its kinda nice looking at houses in cities where the "hood" is three blocks long as opposed to what you see in the bigger cities.I will check investor nations website, sounds like a great program.

Might be good advice to get one just for you, as opposed to “sharing†the banks lawyer.“A friend of mine told me because we don't have an accurate figure for fixing the home, the appraisal might come up short.

I am sharing with you that an opposing lawyer can and will use it against you, if you get into a lawsuit.

Purchase price=$160k Fully rented gross rent=$2900, repairs of $5-10k needed, earnest money=$3kI had a local bank lined up that was willing to loan 80% on appraised price as opposed to purchase price.

As opposed to just assigning the underlying option.

I was opposed to wholesaling because I thought I was leaving so much money on the table.

It gives an overview of the process.Since you're not in a cash-rich position, you should learn as much as you can from the forum for free as opposed to paying for this knowledge.

For this situation, you should have quickly moved into a seller financing/installment contract pointing out the tax advantages and income stream benefits to the seller as opposed to a straight sale.