The hardest part of it all is getting enough capital to do deals yourself - it's teaching me patience, though - it's finding the RIGHT folks to fund your deals and your ability to put in laymen terms what you're doing and showing how/when they'll get paid.

Hey, my neighbor needs surgery but has no health insurance, so i'll go to a medical doctor site, read about surgical techniques and then offer to perform the surgery for my neighbor.It never ceases to amaze me that people with no knowledge or experience think they can be successful in real estate; what it really is is an arrogance that devalues the ability, experience, knowledge of those that have studied and performed successfully in the field for many years.

In the absence of verbiage re back up offers, I am unclear about the right to take back up offers but it would be reasonable that a seller be able to protect his position if you fail to comply with your contract.As a property owner I would not agree to a contract where a wholesaler was not qualified to buy the property himself if I were bound by an agreement that restricted my ability to sell.

You need the ability to free up any property with a pro-rated reduction.

Although I make sure to optimize my on-page SEO for geo-targeted keywords by using A-I-O SEO, or Yoast plugin.Then I would recommend adding additional pages in your footer to please the Google bot if you will.

(1) extensive knowledge of the local real estate market and extensive knowledge of the property type your looking for (2) the ability to negotiate in the face of what might be complicating situations (bankruptcy, probate, foreclosure, etc.) and the longevity to have been through a thousand deals to find this one in a thousand opportunity.If we are talking about finding a property that has 30-50% profit potential once something else occurs (repositioning, rehab, new highway, etc.) than the scenario is much more frequent.

Commercial lenders often look at management experience as well as the ability for a property to create cash flow.

Seems like kind of a big deal.I research so many properties, I don't know how I will have the ability to read hundreds of pages of court docs on every case before buying.

What makes this deal a very good deal is your ability to obtain a 4.625 interest rate.

It may assignable under state law, if not prohibited by the contract, but that clause is irrelevant to the ability to assign.