In my experience, being upfront about wholesaling and explaining that you’re looking to assign the contract has resulted in numerous signed agreements.

Results:72% of respondents strongly disagreed or disagreed with this statement.Only 28% agreed or strongly agreed that they can confidently track their ROI.2.

If you saying you want to do this in NY is only a result of you wanting to live in NY - then consider the option that you could purchase an out of state rental, cash flow, and use that cash flow to help payoff a nice rent in NY.

Without boring you with methodology, the result of an in depth study, leads me to believe that this is how gentrification starts.

The Kipling St deal resulted in a same-day flip, purchased for $197,000 and sold for $205,000, yielding an instant profit.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Calculating the cash flow for both properties:Property A: $1,800 x 12 - $2,000 - $1,500 - $250 x 12 = $15,100/YrProperty B: $1,600 x 12 - $800 - $600 - $35 x 12 = $17,380Property B is the better property once operating costs are included.SummaryBecause the rent price ratio does not include recurring costs, it almost always provides invalid results.

I’m an agent and am considering purchasing, but would love feedback if anybody has used this feature/has results yet.

Exceptions to your standard business practice do not often end with the desired results.

Property is not worth $1M and was over inflated to appear note holder has 20% equity.To answer question this is seller financing but this end result rarely if ever happensSeller would be better selling it for $800k+ cash and end up in better place