Hello Gene, also a newbie here but it occurs to me that you could find a lender that understands your goal and may agree to a large down payment with your father as co-signer. 

You have to be the type of person that will collect/evict as needed, you need to be the type that is either able to do work yourself for turnover or have a existing relationship with a crew, and you need to understand the culture of the neighborhood.I don't have any of that, so I don't buy that type of assets... and from the sounds of it like you I rather a higher class asset with different tenants.

Please explain, so I can have a better understanding.

WEll from what I understand him and his wife are in Europe for the summer...  

For a clearer understanding of my thoughts on this money check out this article I wrote for dollar stretcherhttps://www.stretcher.com/stories/16/16jun27d.cfmThis investment was from my luxury tax fund and I tend to throw that money around.

That's a no brainer, I think what a lot of people don't understand (possibly due to banks not wanting them to) is you don't pay points in 1 point increments.

I am just wanting to get a better understanding of the interaction between the wholesaler and buyer. 

I'm looking for a local bank, that understands Real Estate Investing, to open up a business account for my investment company.  

I am trying to plan out my first BRRRRSuppose I have a property rehabbed and rented that is VALUED at $70KNow it's time to refinance and pull some money out to fund the next property. I have 7 Fannie/Freddie conventio...

I don't understand why they wouldn't qualify - condo's in highrises with 100's of units do?