When wholesaling properties I have heard of using transactional funding the day of closing.  This in theory would allow you to purchase the home you have under contract in one room, assign it and have your assignee si...

The fact that you're consuming content and asking for advice shows you're committed to doing it right, which is the most important mindset.Here are some thoughts based on your goals and challenges:1.

Finally, always conduct thorough due diligence before committing to any purchase to ensure it meets your criteria and long-term goals.

Is it better to put down 20% and use a bank loan or is it better to Take Over Existing Loan - How Do I do that?

Believe me, there will be some tenants you don't want to commit to for 2-5 years!

I know it won’t happen overnight, but I’m committed to putting in the work and learning along the way.My plan is to start with fix and flips to build up capital, and then invest into some long-term buy-and-hold properties once I’ve built a solid foundation.

Have a local appraiser or experienced investor sanity-check your after-repair estimate before you commit.2.

They rate has dropped in the last month to just over 4% (from ~4.25%) annual rate but not bad for a 4-week commitment. 

.: Did you know that if you buy a $400,000 property . . .In a typically bank financing scenario you put down 20% or $80,000 and finance $320,000 for 30 years the Principal and Interest at 7% is $2,129 and over 30 years you pay $766,428 (the bank loves you)BUTif you take over a loan using a Wrap (Wrap To, it takes about $15,000 in costs) and take over the existing mortgage at 2.5% that was taken out 2 years ago your payment Principal and Interest is $1,264 ($865 a month less) and over the remaining 28 years pay $447,894 (you get to keep the difference)That's a savings of $318,534 Three times a Year!

My efforts feel somewhat haphazard, and I hope that an accountability partner or group can help bring more focus.An ideal partner would be at approximately the same stage—slightly behind or slightly ahead—and willing to commit to ~30-minute weekly check-ins to review progress and set goals for the coming week.