@James Santana I would look for subject to mortgages, or Owner financed and owner equity partnership agreements.
This is a bear market that means, Builders and Land lords have control. The fact that there will be an influx in available property with everyone trying to buy under value. Doesn't change the fact specific property types are still wanted.
You have to negotiate points through brokering side contracts like these (2) Creative wholesale arrangements:
1.) Land development deals. Since the builders will be under derest to finance alot of these high ball loans to get the initial property, plus build; create an agreement between the property owner the builder and your self. HUD developers, multi family builders etc. Love these deals. Opportunity zone builders, a lot will just pay you for having the arrangement.
2.) Zero equity and underwater reassignment contracts. Luxury properties turn into AirBNBs, lower class properties get mid term rental ageements under you maintaining the subject to. Alot of people just dont want the foreclosures, but can't sale because they're going to be upside down or at zero equity. You can begin with one quickly place a renter, compile a group of 5 to 10 props, and sale off as a small business portfolio. It's a fully functioning business that your wholeselling now as a pool.
If you dont have time to become a landlord, sale the Mortgage Notes to already established property management companies, or hire a company, or partner with one then place the business for sale giving them a commision.
This is a great time for experienced wholesalers. You can refocus on facilitating for short term property rental investment groups, and lower income HUD multifamily developers. Both need wholesalers to get deals to their mitts, being where about to have an influx of renters leasing and downsizing. Unemployed section 8 vouchers may become common.
