You will need to present them with real deals, not just theory.

I did not have much luck with that theory in Centralia, PA but aside from that it's mainly a numbers game, just have the best product at the best price.

That being said, in theory he knows the project better than the other bidders which would make his bid come out higher, but the window pricing...just doesn't make sense unless he's using a significantly higher quality manufacturer.

I saw Josh's house hacking webinar. i thought to myself, what better way to find a mentor and get hands on experience by applying this strategy.To acquire a HUD Home since it is given to first time home buyers before an investor has a chance to purchase it. here is my theory and correct me, as i am thinking in theory  and have no experience.is this viable?

Thanks Cal, I like how you're investing out of the country, no doubt you can usually get a lot more bang for your buck in the states.

In theory it sounds great, but from what I have heard they are a lot more like timeshares than investments.Conventional means you qualify based on the property and your debt to income and the loan can ultimately backed by Fannie Mae or Freddie Mac. 

If the only reason you think you need to form an LLC is for protection, this is a false theory. 

Other so called wholesalers have their stories and theories, but I'm in one of the most competitive markets in the country, southern California, and I'm buying, on average, one house a week (closed 3 in one week a few weeks ago) and am getting them right about 50% of ARV.

Because that is what you are talking about, when you talk about increasing the rent by $100 and passing them $77 a month in utilities.There is a theory in Political Science called "Relative Deprivation."

As a previous response stated primary homes/mortgages do not apply to this 10 financed properties rule so in theory if you could create a compelling enough letter of explanation you could obtain the 11th primary home loan assuming the underwriter was on board with your file structure and story of occupancy.