Hello everyone...I am just getting into the real estate business (wholesaling) and I'm looking for any tips..tricks that anyone can offer...What is the best contract to use?

Just make sure you really read the questions, they throw a bunch of "trick" questions.

But there are list sites like DataQuick and ListServe that can do the trick.

That would be a good way to go for now, so that you learn the "tricks of the trade".

There's a number of private lender but the trick is finding one that's easy to use and will give you good, honest feedback on your projects.

you really want to refi that house to make it profitable.if not, I would sell it and trade the unit for one that performspaying off the loan is not a solution, it's just a really lousy accounting magic trick.

I'm more than happy to send you some helpful tips&tricks to getting started. 

Tracey,You may want to consider a funding partner or a private investor willing to loan a portion of this deal, assuming you have enough cash to put in as well.Institutional financing will be next to impossible on this deal, but private financing or a money partner will do the trick.

You'll either need to pay that loan off or make the payments, depending on what they do.As an investor, the trick here would be to get the second to accept a pretty large short sale.

If I were the listing agent I would see through that trick and know how subjective your repair budget is.