Probably the best mentors are the ones closest to you in your market, we have others in our rehab team, and we bring something to the table in exchange.

Otherwise, you'll lose money on the deal at the closing table.

I feel like i'm leaving money on the table that way.

So I feel good about what he brings to the table.

After we have all loans on the table, I will push all profits towards 1 loan to knock them out as quickly as possible.

I have not read the book (just downloaded 100 pages and saw the table of contents), but I didn't see a section on NMLS compliance.

We've had wholesale deals where we've had private sellers that owe a lot in back taxes (as I'm sure you have as well).Anyways, in order to close on their homes via Warranty Deed, as many of our buyers prefer, the taxes need to be taken care of at closing.What we've been running into, is sellers that expect to walk away with nearly the entire purchase price as well as have us take care of their back taxes.So for example, if the selling price is $30k, and they owe $20k in back taxes, they expect to leave the closing table with $30k in their pocket, and have the buyer pay the $20k in back taxes, which usually just flat-out isn't going to happen.I've done some reading on the Internet on the topic to see how other wholesalers deal with this issue, and I've found two perspectives:1.

Credit history is not as big of a deal as long as you're bringing some cash to the table.

Sounds like a Shark Tank propsal, so for 40%, what do you bring to the table?

I'm been researching this wholesale business for awhile, and I was definitely in "analysis paralysis". I heard from so many people to just go and "do it" and you'll learn on the way. So I did!

So I just got my firs...