Thanks Spencer, I like the concept of keeping it simple.

Good subject for investigative journalism and, at least, some effort from the investors community to change this situation, this law that makes absolutely no sense.

Mine was in the black market of a foreign country where the rule of law is a questionable concept at best.

Day 2 - surface level teaching are given on the basic concepts of marketing, analyzing deals, negotiating, estimating rehab cost, etc.. here you start to get a feeling like you are finally moving in the right direction, but still it leaves you with many more questions.Day 3 - recap of the prior days teaching a deeper Q&A session takes place.

The terms will depend on the private lender but the concepts are the same - amortization period, interest rate, points, ballon payment, etc. 

If you go beyond simple repairs and you are unskilled, Youtube is great for concepts but that is where it ends.

I grasp the concept.

.; etc.In addition to this, the concept of wholesaling in my market is typically only beneficial to the purchaser/investor.

I now know what I envision at the end of my path - a respectable multi family portfolio that provides passive income that will secure the financial future for myself and which can be used as an educational tool to introduce my two young daughters into the concept of entrepreneurship around real estate.  

Purchase price: $72,000 Cash invested: $45,000 Sale price: $165,000 3/1 ranch, 1024 sq ft, full basement (one side finished), family room addition, open concept living/kitchen, large lot What made you interested in investing in this type of deal?