By time I had been in Vietnam for 6 months several things had happened. I wanted to get out of service and go to college, so talked it over with my wife: decision? To stay in service. Now faced with being a "career solder" I extended my tour of duty for a chance at a promotion which would be relatively easy to get in Vietnam and much more difficult elsewhere. I also began experiencing some "twinges" and "shooting pains" in groin area - mostly like there was a needle inserted and someone "gave it a twirl"! They happened maybe once a week, twice a week, at first, and very mild.

Time passed. I remained not only physically faithful to my wife, I also abstained from masturbation. And pains both increased in intensity and in frequency. By time I had been in Vietnam for 10 months I was having severe pains many times a day and I had received a letter from my wife asking for a divorce because "she was pregnant and wanted to marry other guy!" I dealt with it as best I could, finally talking it over with my Commanding Officer who put me on immediate Emergency Leave to go home and try to persuade my wife to stay with me.

I got home in mid-August. And, just as a precaution, I went to local military hospital and had a complete checkup, explaining in particular shooting pains in my groin area. I returned later in week to see doctor and get results of tests. That morning my wife announced, when we woke up, that she had decided: she wanted divorce because.... The doctor said 'you are just fine, there's nothing wrong with you at all."

I said "Doc, I understand that there's nothing wrong with me. You have run all tests and they came back just fine. But I keep having these pains" and I described them and how long I'd been having them and their increasing severity and frequency.

Property Value: $250,000 Purchase Price: $160,000 Repairs: $2,500

If you analyze numbers, you see that equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).

So here's a hypothetical question for you: Assuming that information above is accurate, and property is located in an area that you view as acceptable and/or favorable, then:

If I offered to give you this deal in exchange for $10,000 in cash, would you do it?

Remember - this is hypothetical. The real question here is this:

Would you exchange $10,000 in cash for $87,500 in equity?

For most smart investors, answer is: Absolutely YES!

And this is called "Wholesale Real Estate Investing" - process of buying a lot of equity at a very significant discount from another real estate investor who has already done hard work of finding a deal and getting it under contract.

Just think about that - consider how easy real estate investing would be for you if you had a network of real estate investors in your area (and maybe all over country) who, several times each month, offered you opportunity to purchase significant amounts of equity for a severe discount...

...It would be quite easy to become wealthy, wouldn't it?

The answer is: Yes, it will.

You've got to admit - it will be a pretty wonderful thing when you know how to find great real estate deals in which you can trade a small amount of cash for a large amount of equity without even having to find deal yourself...

...and that's exactly what wholesale real estate investing is all about.