They usually sound good, but give very little practical advice and make it sound easier than it is.

For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

Our Florida mortgage practice was basically shut-down for 4 weeks due to Hurricanes Helene and Milton.

In Phoenix, a 1996 build is practically brand new when compared to a WWI-era home in Cleveland or Pittsburgh or some other Midwest or East coast city.While I agree that older homes come with more problems, buying something newer may not work as the price will be higher and won't cash flow as well.I'm of the mindset to buy what fits your budget and investment goals.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

All well and good to dream big, but you need to understand the practicalities and probabilities of getting the deal to closing. 

I have a call scheduled with someone on his team for Monday & hopefully that gives a little better direction / insight into best practices for new members.  

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.

It is sad that no enforcement can even go after their fraudulent business practices.