Hi everybody. Just joined BP. Excited to learn and apply.

[Bart Sto]

Hi, Bart here, just joined BP. Listened to podcasts, and BP team seem like real deal, so joined PRO. Just wanted to say hello. Excited to learn quickly, and start my RE journey. I made a mistake of not jumping in couple of years ago, and now rents are higher than payments I could have made... yeah... Market nose-bleed levels are a challenge, but I came to realization that timing the market is near impossible, and a wrong approach. (time IN vs time-ing, etc., I know I know...). I guess, better late than never :)

Planning to buy a personal house (house hack!), and start investing in rentals, as well, but I am a bit intimidated by the market prices.

Looking to figure out creative ways to find deals and maybe sell some house contracts to wholesalers or flippers, to get initial cash infusion for deals. 

My initial question: If I make an offer on a house, secure a contract to buy, what is my exposure? Under what circumstances can I back out, in case no wholesaler is interested in taking the contract off my hands? Just not sure I understand at which point I fully commit to a deal. 

[Kerry Baird]

Welcome to BP!  I look forward to seeing you post that you’ve found a deal.  Tell people you know that you are an investor and attend local meetups.  I ride my bike in my neighborhood and have found 2 deals that way, and got both of them with seller financing.  Both were tired landlords.  You can do it!