Frankly, since wholesaling is rather a black market operation, I wouldn't be sticking my head up on the radar screen with a bank!  

The only thing I'd caution you on is some of the homes built in around 2000-2002 were constructed with Chinese drywall, which can be very costly to remediate and is a major black eye on a home.

Desk fees can range from $100 a month plusE&O insurance is about $100 per transactionCommissionsI put this last because you should really be focused on the above questions.The money will flow when you start putting deals together.The more deals and education you have the more money you will make, but there is a learning curve and the brokerage needs to be rewarded for that effort.There are Brokerages that offer a 50/50 split to new agent and there are offices with only a desk fee of $100 a month, so nearly 100% commissions.The difference is that the 50/50 split office will hold your hand and offer way more training and possibly some leads and the $100 a month office considers you an experience agent that only need minimal assistance and NO lead generation.I hope you find this information useful and if you need anything else please reach out to me offline.anaheim, brea, costa mesa, coto de caza, cypress, dana point, fountain valley, garden grove, huntington beach, irvine, la habra, ladera ranch, laguna beach, laguna hills, laguna niguel, lake forest, mission viejo, newport beach, orange county, placentia, rancho santa margarita, san clemente, san juan capistrano, santa ana, stanton, tustin, westminster, yorba linda

Hi Jose,I'd recommend Black Diamond REI: www.BlackDiamondREI.com - they had their event today.

Business is black and white.  

We are finally in the black by $50/month after renting it for 3 years.  

Thanks for the advice.Ann, I'm meeting with a seller tomorrow night, but hope to finish up in time to catch the Black Diamond event!  

Again, stay away from this company like the black plague...you will suffer greatly if you get caught in Alex's web of lies, empty promises and deceit. 

- i have to change the kitchen/landing tiles since they discontinued the one that i was using now i use  this kitchen tile- i pay around $1200 for paint labor. paint costs me around $500 materials- basement floor is painted gray - SW concrete and porch enamel - around $35 per gallon. but you have to prep/clean well- we try to use this vanity but if the current one is good, we just paint them black so it looks modern- change door handles, keep doors if we can- cheap mini blinds- bahia granite Wilsonart laminate counter - custom made - ~$500 per house- my floor guy charges $2 per ft. stain is 50 cents extra- my concrete guy is around $4.5 per foot- the dishwasher is any around $300- chef maid (i think) microwave- $99 SS sink or if current one is good, we keep it- delta faucets for both bath and kitchen ($39 & $54 respectively) any other questions, let me know..

We're interested in investing within 30 miles of the Heights where we rent.I believe right now the Heights, Garden Oaks and Oak Forest, Timber Grove, Cottage Grove, Lindale, and similar markets are for the most part overpriced and will not generate good cashflow in good neighborhoods.