Do not spend any more money on wholesale courses.

I feel like if you dont want to spend too much time figuring out the flow then it's a good alternative.

They take good care of the properties, but there's not enough attention given to pricing strategy and they spend money like nobody's business (not a problem when they were spending their own money on the master lease model, but a BIG problem when they were suddenly spending OUR money as the PM).

Question: Should I collateralize the loan (if using private or hard money), or rely on roll-over loans (to maximize the lower points and 3-4% rate)?

I have access to a huge community of real estate investors, private money lenders, ect.

LouisReleasing Federal Land for private sale? 

You could put seller financing on second position and get financing for the first and do a 90% CLTV.I don't think any lender (unless private) will let you put nothing down.

So, as a buyer I would not want to spend money before having a contract.

I do a lot of private lending and we do make some passive interest, but the good fixing flippers make the bulk of the money.

I spend majority of my time in central and North Jersey.