It reads as if you are trying to carve as much profit upfront as possible versus form long lasting relationships.

"It's shameful that so many corporations make big profits and pay nothing to support our country," said Sen.

So, if you have buyers lined, and this fits their criteria, move ahead.As a rental, its a bad deal even at $75K.Here's the breakdownRent $800Expenses 40% of rent (Mike would use 50%)Expenses $320NOI $480Desired profit $100Left for payment $380Max price $57,117 (7%, 30 years)But, if you're wholesaling, it all depends on what your buyers want.

If you factor in rising equity, it is profitable (that is questionable right now, I know).

Less $100/month in desired profit gives you $440 for debt service.

Lot of people end up replacing a job they hate with wholesaling and it turns into, you guessed it, a job they hate.Wholesaling is where you find a really great deal and sell it to another investor as a great deal and keep the profit the "really" part of really great deal created.

my parents might be planning to sell their house and i got this idea of bird dogging. obviously i cant do it myself but i was thinking what if i have a friend do the bird dogging on my parents house and we share profit!"

Assignments are simpler and maximize your profit, but can not be done with REO's or short sales.

Even if he bounced back with a 50% return or profit split, it would still be a lucrative deal for both of us.

A small loan means a small profit.