Or is it more the scenario where the wholesaler essentially acts as a connector between the bank and the investor coming in to the deal?

Typical vacany 15% Deferred Maintenance $60,000 approx..

What are typical property loan rates and terms?

While I typically wouldn't be inclined to believe it, I do with this facility given its area.

I'm thinking of a strategy where I lease option properties from sellers and turn around and lease optioning to buyers thus controlling the properties, but not needing traditional financing or typical rental headaches.I assume I'm not the only one thinking of this–is this a viable strategy in your opinion?

Mine are typically 50-60% when it's a property that is on the MLS.

Now those relationships are based on a numbers game, but developing those relationships with your investor buyers is essential to understand what numbers you need to be playing with.

It wasn't anything crazy but it was a bigger pain in the butt than a typical wholesale deal or even another REO.The title agent is key to the whole process.

We also are very demanding of PM's in how they run their business, as essentially, it is "our business".

I know with multi family you typical do $250-$300/unit on cap X.