They both have experience with landlording and basic rehabing.

I am rounding my mortgage costs up for easy calculation and my owner expenses (percentages) are pretty conservative Purchase Price: $215,000Gross Rents: $2,400 ($1,200 per unit)_________________________________________________________________________________-Mortgage Costs-Principle: $1000Interest: 3.5% ( I may do a rate & term refi for a 3.2% interest rate)Taxes: $210Insurance: $140 (Lowest quote thus far)Appox.Total: $1350/month_________________________________________________________________________________-Owner Expenses-Utilities: $0/Minimal (water and electric separate)Prop.

For the most part the basics are the same for wholesaling anywhere.

If the property contains a residential structure, they must also pay the increased value created by the investor's preservation improvements (repairs, basically) plus 12% interest, and reimburse the investor for casualty insurance premiums, plus 12% interest.The investor must send the bank certified mail notice of the tax sale.

To be anything less is cheating yourself out of benefits and blessings that can only come to you when you adhere to these principles.

Hey BP community,Washington state here and I am new to wholesale. I have a good handle on the overall process from resources on this site. Hopefully someone can help fill in some of the finer details. -When you find a...

As to education, what you pick up might be how to deal, you aren't really learning the game because they don't teach the basics of the game, what the rules are or usual and customary aspects of real estate, so much.

Anyone can put together basic information.

Made it easier to know what my budget was.The only issue you'll have with using the VA loan is that you cannot buy a fixer-upper; the property needs to be basically "move in ready". 

Or whenever you go to replace filters for HVAC.)Im sure there is much more you could do, but this is just the basic things that I can think about when taking over the property.