If none, NY and NJ are not the best spot to "try" one as your buy-in is very high, cost is high, lag time is long, and competition is fierce.

Faster Closing: These loans can close quickly, ideal for competitive markets.Cons: Higher Interest Rates: Typically higher than conventional loans.

My wife and I have been doing an MTR-exclusive startegy for 3.5 years, and we still have a hard time figuring out how to predict vacancy, especially in a new market that we're considering.If we look at FF's (pretty crummy) data on their website we either see very few listings, so we think "no one is investing here; bad" or we see a lot of listings and think "too much competition; bad". 

I can connect you with some various lenders in the area that have competitive rates; just send a message and I'll get them to you

Note it is also extremely competitive though. 

Visio is most competitive with short-term purchase and rehab financing.

i get cards, calls and texts every day from wholesalers for my little portfolio - so that shows you how much competition there is out there.it's also tough to do as a beginner in real estate, because the best wholesalers surface strong deals and know how to estimate a rehab.  

.), rentometer, and calling competitive properties to "price shop".

I've never been to Travis or Bexar county sales, but imagine there is a lot of competition and money there. 

Richard's teachings on market analysis, property evaluation, and risk assessment have given me a competitive advantage in the real estate market and I am very grateful for that.